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Tax Pollution, Not Profits

Author(s): Congressman John Delaney (D-MD)
Member
U.S. House of Representatives
Date: July 7, 2015 at 8:00 AM

Climate change is a threat to our environment and our economy, and we cannot afford the risk of inaction. With our free market economy, the best solution is a simple, transparent tax on carbon that unleashes the power of the market and enables America to lead the way toward a new, clean energy economy. Importantly, a carbon tax produces revenues that can be used to help American businesses and families. But there are many options for how to use these revenues. Critics of carbon taxes frequently cite slower economic growth, increasing taxes on the poor, and hurting coal workers as… [more]

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