Exxon Puts $1 Million Into Quest for Carbon Tax and Rebate

View on Bloomberg website

Date

Oct. 9, 2018

News Type

Media Highlight

Source

Bloomberg

"The carbon tax would boost the cost of energy derived from oil, natural gas and coal, thereby discouraging the use of those fossil fuels and encouraging the development of low-carbon power alternatives. The resulting carbon cuts would exceed reductions the U.S. had promised as part of the Paris climate accord, according to an assessment by Resources for the Future, a non-partisan think tank."

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