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Tuesday, July 10, 2007

Carbon Tax Plan to be Offered in Congress

Representative John Dingell, chair of the House Energy and Commerce Committee will proposed a carbon tax plan as part of an effort to show just how unpopular such a scheme would be. His proposal calls for a 50 cent jump from the current 18.4 cents per gallon in addition to a double digit tax per ton of emissions. Dingell launched the idea on C-Span’s Newsmakers program.

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