CBO: Carbon Tax Would Raise Revenues and Costs

CBO: Carbon Tax Would Raise Revenues and Costs

A US carbon tax could generate sizeable revenues, but could also have a negative impact on the country’s economy, depending on how those revenues were deployed, according to a report from the United States Congressional Budget Office. The CBO report noted that neither it nor the Joint Committee on Taxation had developed estimates for carbon… Keep reading →http://breakingenergy.com/2013/05/24/cbo-carbon-tax-would-raise-revenues-and-costs/?utm_source=Breaking+Energy&utm_campaign=e4c470988d-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_f852427a4b-e4c470988d-407304281