On the recordJuly 8, 2019
we have just heard two colleagues make convincing and compassionate arguments for putting a price on carbon, the central protection from climate crisis. A price on carbon like we propose would dramatically lower emissions and put us on a net-zero-by-2050 path, the path necessary to avoid the worst climate chaos. Because it is a price on pollution, we can dial it up or dial it down as climate chaos worsens or abates. Because our proposal is border-adjustable, it would let American industry compete even in countries without a price on carbon. Because our plan is revenue neutral, all the funds go back to the American people in the form of payroll tax credits, Social Security or VA benefits, or grants to States to navigate this transition. If our plan is so good, you might think it would already be on its way to becoming law. You might think there would be Senate hearings on it or bipartisan negotiations. Well, none of the above. To understand why that is taking place, you have to look at who is supporting carbon pricing and who is opposed. Let's start with the good news. Who is supporting it?…





