climate change

Florida Representative Carlos Curbelo introduces controversial carbon tax bill

Drilling rig

Representative Carlos Curbelo (R-FL-26) introduced the first Republican carbon pricing bill in nearly a decade on July 23. The proposal, called the MARKET CHOICE Act (H.R. 6463), seeks to reduce greenhouse gas emissions by imposing a federal tax on carbon, and to use the revenue to fund infrastructure modernization. It would also impose a rolling, performance-based moratorium on federal regulation of greenhouse gas emissions from sources covered by the carbon tax, and eliminate the excise taxes on gasoline and diesel fuels.

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