Saturday, November 3, 2012

EXCLUSIVE: Study financed by US treasury will link tax code to carbon emissions

including the possible levying of new carbon taxes.

 That campaign is bound to intensify in the aftermath of Nov. 6’s presidential election, regardless of who wins the race, as the nation faces the challenge of deficit reduction and tax reform that will be required to overhaul the country’s over-strained finances. Environmental advocates and others are likely to raise such innovative mechanisms as carbon taxes and major shifts in tax rates and incentives as part of the process

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