Here is comes! Congressman pushes U.S. carbon tax: ‘Rep. Jim McDermott (D-Wash.) will introduce a bill to create a carbon tax’
'The legislation would set a carbon tax through a 5-year permit price, with annual permits set five years out....The bill would set a schedule for reducing CO2 emissions by 80 percent of 2005 levels within 42 years. The goal is to reduce demand for carbon-based fossil fuels by driving up price'
Alert: Democrat Senators also hint carbon tax could be part of larger budget deal