National carbon tax discussions
Members of the US House of Representatives as well as speakers from NASA, Friends of the Earth, the National Bureau of Economic Research and the David Suzuki Foundation will be participating in a briefing about a national carbon tax proposal. The discussion will take place at the Rayburn House Office Building, Room B-318 on December 9 beginning at 9:00 am.
The discussion will look at the "environmental, economic, economic-efficiency, logistical and political benefits of a national carbon tax, particularly one that is phased-in and revenue-neutral." This briefing is "sponsored by the Environmental and Energy Study Institute (EESI), the Carbon Tax Center, the Climate Crisis Coalition, Friends Committee on National Legislation and Friends of the Earth." Source: PR Newswire
According to the Carbon Tax Center, "a carbon tax is a tax on the carbon content of fossil fuels (coal, oil, gas)." The Center goes on to explain that "A carbon tax should be revenue-neutral: government can soften the impacts of added costs by paying back the tax revenues ("dividends") or by reducing other taxes ("tax-shifting")." Source: Carbon Tax Center
If a business takes measures to reduce its carbon footprint, then they will pay less in carbon tax than a business that does not. For such a tax proposal to succeed, it will be important to ensure that the proposal is explained in a comprehensive manner.
In the MNN article Green taxes need explaining or risk backlash, "Governments must do a better job of explaining environmental taxes such as charges on driving in cities or higher electricity bills or risk a public backlash, a study showed on Friday."
When a business owner or an individual hears the word tax, they almost instantly go on the defensive. By taking the time to explain the nuances of a proposed national carbon tax, companies may be more likely to throw their support behind the proposal.