No carbon tax in BBB bill?

A Well-Designed Carbon Tax Could Curb Emissions, Offset Costs for Many  Families – ITEP

 

While Democrats in congress wrangle about Biden’s Build Back Better bill, it would appear the door has possibly been slammed shut on the prospects of a carbon tax in the exorbitant measure.

POLITICO reports that a carbon tax, one long opposed by Oklahoma U.S. Sen. Jim Inhofe is not part of the Senate Finance Committee’s share of the bill that was unveiled over the weekend. As the news group reported, the committee has jurisdiction over the package of clean energy tax credit.

As OK Energy Today noted in February of this year, Sen. Inhofe continued to be critical of such as tax that had been pushed by Democrats going back to 2012. Back then, Sen. Inhofe stated, “A carbon tax will mean consumers will pay more at the pump and more for energy in their homes. An energy tax is the last thing that Congress should be considering,” stated the Senator in an announcement about the filing by Democrats of a National Energy Tax.”

POLITICO stated that Rhode Island Democratic Sen. Sheldon Whitehouse had been confident support existed in the Senate for the carbon tax. However, West Virginia Sen. Joe Manchin was not a supporter and that was a sign, the tax would not have likely survived a Senate vote.