US energy chief floats idea of a carbon emissions tax


Agence France-Presse
February 12, 2009

US Energy Secretary Steven Chu has floated the idea of a carbon emissions tax to fight global warming, in an interview with The New York Times Thursday.

  • A d v e r t i s e m e n t
  • efoods

During the US presidential campaign, the notion was kept largely on the back burner as candidates were reluctant to promote the idea of costlier energy at a time when gasoline prices were soaring.

But since President Barack Obama’s administration took office in January, Congress has been working on setting up a system for swapping greenhouse gas emissions quotas similar to the one used in the European Union.

And Chu said “alternatives could emerge, including a tax on carbon emissions,” the Times reported.

Read full article


Infowars.com Videos:


Comments are closed.