je.st
news
Carbon Taxs Costs on Economy Seen Exceeding Revenue Gain
2013-02-26 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: A tax on carbon emissions would curtail U.S. consumption, investment and wages, limiting the ability of the levy to add revenue for the federal government, according to the National Association of Manufacturers. The group in a report assumed a $20 a ton charge on carbon dioxide starting this year and then calculated costs with a rate of almost $1,000 a ton by 2053, and another with the rate relatively stable. The higher tax rate is needed to achieve U.S. goals of cutting greenhouse-gas emissions...
Tags: costs
gain
economy
revenue
Category:Electronics and Electrical
Latest from this category |
All news |
||
|
|||