Congressional budget reconciliation process may yield pathway for US CO2 price

Published 22:16 on October 20, 2020  /  Last updated at 22:36 on October 20, 2020  /  Americas, Carbon Taxes, US  /  No Comments

A Democrat-controlled US Congress could implement a carbon price by way of budget reconciliation if they take control of the Senate after next month’s election, avoiding procedural challenges that could stifle climate-related legislation even if Republicans lose the White House and upper chamber, a panel said Tuesday.

A Democrat-controlled US Congress could implement a carbon price by way of budget reconciliation if they take control of the Senate after next month’s election, avoiding procedural challenges that could stifle climate-related legislation even if Republicans lose the White House and upper chamber, a panel said Tuesday.

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