Looming Tax Crunch Sparks Renewed Debate Over Domestic Carbon Price

Calls for a domestic carbon price are receiving a boost from a Senate Democrat and a prominent think tank, with backers of the strategy arguing the looming expiration of Trump-era tax cuts could create a renewed opening via tax legislation next year despite years of Capitol Hill gridlock on the idea. The renewed carbon price push includes a Feb. 27 analysis touted by the Brookings Institution’s Hamilton Project, making the case that existing climate mitigation policies including the Inflation Reduction...