Sen. Steinberg Proposes Carbon Tax on Gas Instead of Cap-and-Trade
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CA Senator Darrell Steinberg proposed a change yesterday to California’s nascent cap-and-trade program that would replace next year’s cap on fuel emissions with a per-gallon carbon tax. Steinberg called it a “broader, more stable, and more flexible” way to reduce emissions from fuels than cap-and-trade. His proposal would apply the revenue raised from the tax […]