Big Oil-funded side of Congress fights tooth and nail against climate bills in US
In the US, HR2307 would achieve that $75/tonne level. But I should point out that a carbon price is not a tax. Rather, it is an “atmospheric dumping fee” paid by polluters.
When fees are rebated to consumers we are protected from pass-through costs, unlike the subsidies and mandates of the Inflation Reduction Act, which are taxpayer funded. Such bills have been waiting in Congress, but of course are fought tooth and nail by the Big Oil-funded side of Congress, who scream “taxes!”
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