Sens. Jeff Flake and Chris Coons to introduce bipartisan carbon tax bill

Sens. Jeff Flake, R-Ariz., and Chris Coons, D-Del., are preparing as soon as Wednesday to introduce a carbon tax bill to combat climate change.

The bill would mirror bipartisan legislation introduced in the House last month that would tax carbon emissions and return the proceeds to American households as a dividend.

The House version was the first bipartisan carbon tax legislation introduced in nearly a decade.

That bill has eight co-sponsors, including Republican Reps. Francis Rooney of Florida, Brian Fitzpatrick of Pennsylvania, and Dave Trott of Michigan, along with Rep. Ted Deutch of Florida, the Democratic co-chair of the bipartisan Climate Solutions Caucus.

Both the House and Senate bills would impose a tax of $15 per ton of carbon dioxide in 2019, increasing $10 each year, rising to nearly $100 per ton by 2030.

https://www.washingtonexaminer.com/policy/energy/sens-jeff-flake-and-chris-coons-to-introduce-bipartisan-carbon-tax-bill

>>4380103

lame ducks quack the loudest

>>4379299 Fed gives a ridiculous excuse for pushing unemployment on millions of Americans.

https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20181219.pdf

This chart is based on policymakers’ assessments of appropriate monetary policy,

which, by definition, is the future path of policy that each participant deems most

likely to foster outcomes for economic activity and inflation that best satisfy his or her

interpretation of the Federal Reserve’s dual objectives of maximum employment and stable prices.