Climate Changed
Exxon Puts $1 Million Into Quest for Carbon Tax and Rebate
- Nuclear power generator also bankrolling carbon tax initiative
- Carbon tax would replace an array of environmental regulations
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An effort to put a tax on carbon dioxide emissions just won an unlikely underwriter: a top producer of oil and gas.
Exxon Mobil Corp. is putting $1 million into a political campaign that, if successful, would effectively spawn a tax tied to the company’s core products.