Tuesday, July 22, 2014

60 Percent of Americans Support a Carbon Tax When the Revenues Are Put to Good Use

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Conventional political wisdom holds that a carbon tax could never pass Congress, largely thanks to the “tax” part.

But over the last few years, a remarkable number of economists, politicians, and business leaders have stepped up to support a carbon tax as the most job-friendly way to cut greenhouse gas (GHG) emissions.

Now thanks to a new poll, we can confidently add “majorities of American voters” to that list of supporters as well.  A July survey run out of the University of Michigan and Muhlenberg College found that when certain uses are specified for the revenue — specifically investment in renewable energy or rebate checks back to taxpayers — 56 to 60 percent of voters support a carbon tax.

60 Percent of Americans Support a Carbon Tax When the Revenues Are Put to Good Use

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