CBO: CARBON TAX COULD BE COSTLY TO ECONOMY BUT GENERATE TRILLIONS, AVERT CLIMATE CHANGE EFFECTS

CBO: CARBON TAX COULD BE COSTLY TO ECONOMY BUT GENERATE TRILLIONS, AVERT CLIMATE CHANGE EFFECTS
A carbon tax or cap-and-trade programs could raise trillions of dollars within the first 10 years of their enactment and avert climate change effects, but without accounting for how these revenues will be used, they could take a toll on the U.S. economy, the Congressional Budget Office (CBO) says in a report released on Tuesday. Read More »http://www.powermag.com/POWERnews/5661.html?hq_e=el&hq_m=2678482&hq_l=7&hq_v=30108e0773