Since 2013

$10,487,106 DOLLARS RETURNED TO SAN DIEGANS

Congressman Scott Peters

Representing the 52nd District of California

Pricing Carbon Emissions

Pricing Carbon Emissions

Economists agree that a carbon tax “offers the most cost-effective lever to reduce carbon emissions at the scale and speed that is necessary.”[1] However, it will also increase the cost of energy consumption. To offset these costs, the government could rebate the revenue generated from the tax as a lump-sum payment to low-income households.