One way to pay directly for the cost of climate damage from fossil fuels is to impose a tax on carbon.
Dan Brouillette served under the previous secretary in a deputy role
Earlier this week, New York City Mayor Bill de Blasio announced that New York City would divest its pension funds from fossil fuels and that the city would sue the big five oil companies. The reason? To collect damages for the cost of coping with the effects of climate change on city infrastructure. The irony […]
A group called the Climate Leadership Council put out a plan for a carbon tax earlier this year, and it’s made up not just of environmentalist types, though there are some of those, but also conservative Republicans and business leaders. Its founding members include multinational corporations, including fossil fuel and auto companies like Exxon Mobil, […]