Bloomberg Law
June 20, 2019, 5:40 PM

Climate Bill Could Trade EPA Authority for Carbon Tax

Tiffany Stecker
Tiffany Stecker

Sen. Chris Coons (D-Del.) is willing to trim the EPA’s authority to regulate greenhouse gases in exchange for a carbon tax, he said at a June 20 event.

Coons, who plans to introduce carbon tax legislation as early as next week, said the trade-off may be necessary to achieve significant greenhouse gas emissions in the near future.

Re-creating and implementing a policy like the Clean Power Plan, the Obama administration’s regulatory framework to limit carbon emissions from the electricity sector, “is years away,” he said at a Brookings Institution event in Washington.

“I think, in order to get a ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.