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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.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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