The South Florida Roundup

Putting A Price On Carbon Dioxide Emissions


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Three Florida lawmakers want to put a price on carbon dioxide emissions. They have recently introduced legislation, called the Energy Innovation and Carbon Dividend Act , which would charge $15 per metric ton of carbon dioxide produced by oil refineries and coal producers. The fee would then increase by $10 per metric ton each year. A carbon fee is different from a carbon tax. The money from this fee would be given to taxpayers in a kind of dividend to offset the increased cost of fossil fuels.
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The South Florida RoundupBy WLRN News

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