28th May 2007

Warming Proposals

posted in Candidates, Christopher Dodd (D), Global warming, Issues |

Original source: http://www.chrisdodd.com/node/1286

…That may be the case with Sen. Christopher J. Dodd (D-Conn.), whose plan to tackle climate change involves a bold move for any politician: a new tax — in this case, on carbon emissions. “You cannot be serious about acting on the urgent threat of global warming, about making us less captive to Middle East oil, or investing in renewable energy, unless you have a corporate carbon tax that eliminates the last incentive there is to pollute — that it’s cheaper,” Mr. Dodd said in a speech last month. He would spend the $50 billion in annual revenue on research into renewable technologies. And he would couple the tax with legislation to mandate reductions in greenhouse gas emissions and raise automobile fuel economy standards to 50 miles per gallon by 2017…..

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