If accurate knowledge about the existence of carbon taxes in the U.S is a prerequisite for stock trading, perhaps YOU should take a break.
No utility company is doing what you claim, outside of Boulder CO.
No utility company is doing what you claim, outside of Boulder CO.
Quote:The only carbon tax in the United States, a municipal tax in Boulder, Colo., taxes the consumers -- homeowners and businesses. People in Boulder pay a fee based on the number of kilowatt hours of electricity they use. Officials say the tax amounts to an annual addition of about $16 for homeowners' electric bills and $46 for business owners [source: New York Times].
Quote:Opposition to increased environmental regulation such as carbon taxes often centers on concerns that firms might relocate and/or people might lose their jobs.[10]
It has been argued, however, that carbon taxes are more efficient than direct regulation and may even lead to higher employment (see footnotes).[10] Many large users of carbon resources in electricity generation, such as the United States, Russia, and China, are resisting carbon taxation.
Studies by Metcalf et al. (2008) and Metcalf (2009) consider the possible distributional impacts of carbon taxes in the United States.[230]
The 2008 study considers three recent tax bills introduced to the US Congress. The taxes themselves are highly regressive, but when revenues from the tax are returned lump-sum, the taxes become progressive.
The 2009 study looks at a carbon tax combined with a reduction in payroll taxes. It is found that this combination can be distributionally neutral. With an adjustment in Social Security payments for the lowest-income households, the carbon tax policy can be made progressive.
