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updated 5:20 AM PDT, May 25, 2016

Oregon carbon tax outlines receive positive response from legislative committee

Researchers say a $60 per ton tax on carbon emissions would raise around $2 billion annually. 

 

Researchers say a $60 per ton tax on carbon emissions would raise around $2 billion annually.

As proposed, the tax would be "revenue-neutral," meaning all of its proceeds would be "repatriated" to residents and businesses through lower taxes and other means.

"This could really help rejuvenate many rural parts of the state," said Sen. Alan Bates, D-Medford. "The devil is always in the details, but I'm tantalized."

Read more at OregonLive.com

Last modified onMonday, 19 October 2015 11:42

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