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GOP group proposes carbon tax plan led by Baker and Shultz
A Republican elder statesman group led by former Secretaries of State James Baker and George Shultz urges a gradually rising carbon tax with carbon dividends and border adjustments. They say starting at about $40 per ton, the plan could raise $200 to $300 billion annually and return proceeds to households, with potential White House talks underway including Pence Kushner and Cohn. Ivanka Trump may attend.
MENTIONED IN THIS ARTICLE
Washington
White House
Jim Baker
George Shultz
Wall Street Journal
House
Mike Pence
Jared Kushner
Gary Cohn
National Economic Council
Ivanka Trump
Baker and Shultz