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Carbon tax would beat green energy credits

Posted on 18 January 2013

A new bill to end U.S. green energy tax credits doesn’t go far enough. Washington is struggling with too many expenses and not enough revenue. Replacing preferential treatment for Uncle Sam’s renewable energy darlings with a tax on emissions that need discouraging could help fix that – while also reducing market distortions.
Republican Congressman Mike Pompeo on Tuesday reintroduced a measure that would eliminate all tax credits for energy, including the $18 billion (U.S.) worth over a decade renewed in the recent tax deal………………………………………..Full Article: Source


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