Biden Wants to Slash Emissions. Success Would Mean a Very Different America.
The New York Times cites recent RFF research on the emissions reductions potential of a carbon tax.
"Mr. Biden has also shied away from ideas like a carbon price, which would require polluters to pay for their emissions of carbon dioxide, giving them an incentive to pollute less. Europe and Canada have adopted programs like these, and one recent study by Resources for the Future, a nonpartisan think tank, found that the United States could cut its carbon dioxide emissions 54 percent by 2030 if it put in place a carbon tax that started at $40 per ton and increased by 5 percent each year."
