House Energy and Commerce Committee Chairman Rejects Carbon Tax Proposal
photo credit: caza_no_7House Energy and Commerce Committee Chairman Fred Upton (R-Mich.) threw cold water Tuesday on supporting a carbon tax, hours after a Treasury Department official said the administration could consider the idea if Republicans lead the effort.
A tax on greenhouse gas emissions has won increased attentoin in recent weeks as a way to combat climate change and simultaneously raise revenues.
But Upton (R-Mich.) said Tuesday he is “not a carbon tax guy.”
The administration said last week it would not propose a carbon tax. But Gilbert E. Metcalf, Treasury’s deputy assistant secretary for energy and environment, reiterated that position Tuesday, opened the door to discussing carbon taxes in fiscal talks if Republicans initiated the push.
Upton comments Tuesday underscore how unlikely that scenario is as talks about avoiding the “fiscal cliff” unfold. Asked if he would accept a carbon tax along with a tax cut elsewhere, Upton said, “I don’t like the idea.”
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