Making Fossil Fuels Pay for Their Damage
Legal Planet
AUGUST 18, 2022
Production and combustion of fossil fuels imposes enormous costs on society, which the industry doesn’t pay for. I want to talk about some options for using the tax system to change that. One option, a tax on carbon dioxide emissions, gets the most attention but seems politically impossible. The closest we’ve ever come to a carbon tax is a limited fee on methane emissions under the new IRA law.
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