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Carbon pricing back in the mix for reconciliation

Carbon pricing back in the mix for reconciliation

Nick Sobczyk, Geof Koss, Emma Dumain of E&E News report that carbon pricing is back in the mix for the reconciliation package.

The C3 Take
  • Putting a price on carbon would have negative effects economy-wide, while doing little to lower global emissions.
  • Carbon pricing should only be entertained in conjunction with getting rid of the regulations, mandates and subsidies.
  • If we want to truly address climate change we should look to solutions that are rooted in economic freedom, not increased taxation and federal regulation.

“Senate Democrats are considering a carbon pricing proposal for the $3.5 trillion reconciliation bill, according to a document obtained by E&E News, bringing the policy back into the mix despite potential opposition from progressives and the White House.”

Read the full article here.

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