But a carbon tax is increasingly out of favor among left-wing climate activists, who are animating the push for a Green New Deal. Under a carbon tax, sometimes given the friendlier moniker of a carbon “fee,” polluters pay the government a certain price for each pound of carbon dioxide they put into the atmosphere. But he too warns that there are some corners of the economy into which the carbon tax cannot reach. Despite all that agitation, the idea of a carbon tax has only gained popularity in recent years in the other Washington. DAYBOOKTodayThe House Energy and Commerce Subcommittee on Oversight and Investigations holds a hearing on the Energy Department’s cleanup costs.

Source: Washington Post May 01, 2019 12:11 UTC