Friday, February 15, 2013

Boxer's push is a twist on carbon tax

Washington -- Sen. Barbara Boxer plans Thursday to co-sponsor a radical plan to control carbon dioxide emissions modeled on Alaska's rebates of oil royalties to residents.

The California Democrat is a marquee draw for an otherwise obscure bill by Sen. Bernie Sanders, a Vermont liberal and independent. Called "fee and dividend," the legislation is an unusual variant on a carbon tax. It would impose a fee on carbon emissions at their source, such as coal mines, raising the price of fossil fuel


Read more: http://www.sfgate.com/politics/article/Boxer-s-push-is-a-twist-on-carbon-tax-4277210.php#ixzz2Kz5ywmYf
Article courtesy of The San Francisco Chronicle by Carolyn Lochhead

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