Biden’s Climate Chief Says Carbon Tax Shouldn’t Limit Regulation

White House National Climate Advisor Gina McCarthy says Congress shouldn’t impose a carbon tax that restricts the government’s ability to directly regulate greenhouse gas emissions.

• If Congress passes a carbon price, “that’s terrific, but don’t tie that to a string of other things that we cannot do or investments we cannot make,” McCarthy says during a summit by Columbia University’s Center on Global Energy Policy
• McCarthy also raises concerns about the potential for more natural gas infrastructure; the Biden administration targets a net-zero economy by 2050
• NOTE: McCarthy’s comments come amid growing oil industry and business support for a carbon ...