How Two ExxonMobil and Sierra Club Lawyers Agreed on a Carbon Tax

Climate experts David Bailey and David Bookbinder were once at odds with each other.  They worked on opposite sides of the tracks — Bookbinder was chief climate counsel for the Sierra Club, and Bailey served as climate policy manager for ExxonMobil.

[Now they work together and they] think there is a 50 percent chance Congress will look at carbon tax seriously by 2016, and a 30 percent chance they'll

pass one.  They'll be looking for revenue stream, not for environmental benefit; it's hard to ignore $1.2 trillion in revenue.

How Two ExxonMobil and Sierra Club Lawyers Agreed on a Carbon Tax