Lawmakers, following Obama's climate lead, announce a plan to tax carbon
Sens. Bernie Sanders (I-Vt.) and Barbara Boxer (D-Calif.) will unveil a plan today to tax carbon emissions at $20 a ton, raising potentially $1.2 trillion over 10 years for rebates and investments in clean energy and efficiency. The morning announcement comes two days after President Obama pushed lawmakers to adopt a carbon price or face executive actions to regulate power plant emissions.
Scientists describe severe and costly future impacts of climate change
In a probable scenario for climate change, New Orleans will no longer exist. Neither will Atlantic City, N.J. Boston will look much like it did in the 17th century, before the city was dredged up to build a port. And Florida will no longer keep its distinct appendage shape. These geographical changes due to sea-level rise are only the beginning, scientists bluntly stated at a briefing yesterday convened by Senate Environment and Public Works Committee Chairwoman Barbara Boxer (D-Calif.).