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It could be the nation’s first carbon tax. And environmentalists are fighting over it
Source:
washingtonpost.com
- Oct 19, 2016
A new initiative slated for the ballot in Washington state next month would create the first-ever carbon tax to be implemented in the United States. But while the initiative promises to fight climate change by making it more expensive to emit greenhouse gases, it’s caused an unexpected controversy among environmentalists.
Despite the endorsement of dozens of climate scientists and economists, many environmental groups have refused to support it at all, citing concerns about the proposal’s revenue projections, its approach to the involvement of disadvantaged communities, and a lack of true investment in clean energy.
Initiative 732 began as a grassroots campaign known as Carbon Washington, founded by environmental economist and stand-up comedian Yoram Bauman. If successful, it would become one of just a few ever to be implemented in North America and the first in the United States.
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Category: General Business
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