What Does Exxon’s Carbon Tax Mean?
Groups Slam Exxon for Deceptive Support of Carbon Tax Plan
Lorraine Chow, 20 June 2017 (EcoWatch)
“Environmental organizations are calling foul on a carbon tax and dividend plan supported by ExxonMobil, BP, Shell and other influential businesses, individuals and organizations…[The Climate Leadership Council, developed by former cabinet members James Baker and George Shultz, would] fight climate change by taxing carbon emissions and then redirecting that levy to taxpayers…[But the free market, conservative climate solution also calls for rolling back] Obama-era climate regulations and shields polluting companies from lawsuits over their contribution to climate change…[Environmentalists say Exxon backs the carbon tax proposal because it knows it is politically non-viable and is a distraction] from the ongoing investigations into whether the company lied to the public and its investors about climate change…” click here for more
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