James V. Hansen: “We are robbing money from our children's pockets and piggybanks, borrowing money from our children to fund subsidies for…”

This tax gives a strong incentive to replace inefficient infrastructure.

If we phase out coal, the coal mining jobs are gone.

You have to give all the money back to the public or they are not going to allow such a high tax.

The Obama administration is being forced into a political compromise. It has sacrificed a strong position on mountaintop removal in order to ensure the support of coal-state legislators for a climate bill.