Last week, the California state senate passed Assembly Joint Resolution 43, urging the federal government to pass a revenue-neutral carbon tax:
WHEREAS, A national carbon tax would make the United States a leader in mitigating climate change and the advancing clean energy technologies of the 21st Century, and would incentivize other countries to enact similar carbon taxes, thereby reducing global carbon dioxide emissions without the need for complex international agreements; now, therefore, be it Resolved by the Assembly and the Senate of the State of California, jointly, That the Legislature hereby urges the United States Congress to enact, without delay, a tax on carbon-based fossil fuels; and be it further Resolved … That all tax revenue should be returned to middle- and low-income Americans to protect them from the impact of rising prices due to the tax
Copies of the Resolution were sent to President Obama, Vice President Biden, House Speaker Ryan, Senate Majority Leader McConnell, and to all members of Congress representing California. The document specifically calls for the type of revenue-neutral carbon tax advocated by the grassroots organization Citizens’ Climate Lobby. Studies have shown that a rising carbon tax with all revenue returned to taxpayers would have a modestly beneficial impact on the economy, while cutting carbon pollution at faster rates than current policies.
Source: Dana Nuccitelli, The Guardian, August 29, 2016