House Democrats introduce carbon pricing measure

Read the full story in The Hill.

Four House Democrats on Thursday reintroduced legislation to establish a carbon pricing system in the U.S.

The bill would price carbon at $15 per metric ton of carbon dioxide equivalent, with the price increasing $10 a year. The measure’s sponsors wrote that it would reduce carbon pollution by as much as 45 percent by 2030 and net zero by 2050.

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