Wednesday, February 8, 2017

Hope on Climate Change Action -- from Republicans!

GOP All-Stars Present Carbon Tax Plan to Trump Team: A coalition of top Republican leaders - including James Baker, Hank Paulson, George Shultz, Martin Feldstein, and Greg Mankiw - will present a comprehensive plan to establish a carbon tax and combat the causes of climate change to White House senior leadership today. The plan, which marks a rare instance of the GOP taking the lead on proposing climate solutions, will be accompanied by an economy-wide analysis showing how the plan would lower carbon emissions twice as fast as all of the Obama-era climate regulations combined by 2025 and meet the Paris climate agreement targets. The plan includes jettisoning of significant regulations, including the Clean Power Plan, and earned a quick endorsement from Mitt Romney. A copy of the plan is available here; the leadership team will host a press conference at the National Press Club at 9:30 AM this morning. (New York Times $, Washington Post $, CNNAPBloombergAxiosFT $. Commentary: New York Times, Martin Feldstein, Gregory Mankiw, and Ted Halstead op-ed $, WSJ, George Shultz and James Baker op-ed $)

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