NEWS
Washington Insider-- Friday
Fri Nov 15, 2013 06:20 AM CST

Here's a quick monitor of Washington farm and trade policy issues from DTN's well-placed observer.

CBO Sees Carbon Tax as Significant Source of Federal Revenue

If the United States were to institute a $25 per metric ton tax on carbon-containing greenhouse gas emission, it could raise just over a trillion dollars in revenue by 2021 and reduce greenhouse gas emissions from affected industrial sources by 10%, the Congressional Budget Office said in a report on deficit reduction issued earlier this week.

A carbon tax would be more efficient and flexible than the regulations currently being issued ...

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