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1. CLIMATE:

Another day, another set of dueling papers on the carbon tax

A think tank and a pro-manufacturing group released dueling papers today taking very different views of the carbon tax. The Brookings Institution paper suggests an escalating carbon tax could help address federal budget shortfalls, reduce heat-trapping greenhouse gas emissions, and make costly energy subsidies and regulations unnecessary. Meanwhile, the National Association of Manufacturers released a study that found a carbon tax would inhibit economic growth.

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