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Prominent Republicans Push Carbon Tax in White House Meeting

Feb. 8, 2017, 3:55 PM

A group of prominent Republicans and business leaders, including former Treasury Secretaries Hank Paulson and James Baker, met with some of President Donald Trump’s top advisers at the White House Feb. 8 to push a plan to tax carbon dioxide in exchange for lifting a slew of environmental regulations.

“Unlike the current cumbersome regulatory approach, a levy on emissions would free companies to find the most efficient way to reduce their carbon footprint,” Baker and former Secretary of State George Shultz wrote in a Wall Street Journal opinion article posted online late Feb. 7. “A sensibly priced, gradually rising tax ...

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