Tags: Biden Administration | carbon tax | democrats | progressive | agenda

'Sneaky' Carbon Tax Could Help Fund Democrats' Progressive Agenda

(ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)

By    |   Wednesday, 31 March 2021 07:35 AM

A carbon tax could be one of the next items on Democrats’ agenda as they work to boost green initiatives as part of any forthcoming climate change legislation.

But while such a tax would help fund some big-ticket items on progressives’ wish list – including a potential multi-trillion infrastructure plan that President Joe Biden is expected to announce on Wednesday – energy experts say a carbon tax would cause gas prices to skyrocket and could devastate the economy. According to the Carbon Tax Center, though, such a penalty remains "the core policy for reducing and eventually eliminating the use of fossil fuels."

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A carbon tax could be one of the next items on Democrats' agenda as they work to boost green initiatives as part of any forthcoming climate change legislation. But while such a tax would help fund some big-ticket items...
carbon tax, democrats, progressive, agenda
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2021-35-31
Wednesday, 31 March 2021 07:35 AM
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