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HB 193 - Tax carbon from large polluters

Sponsored by Rep. Mary Ann Dunwell D-Helena

This bill would levy a $10/ton tax on carbon from sources emitting 25,000 metric tons or more of carbon every year and use the revenue for economic development, fund health initiatives, and bolster the general fund. Taxing carbon would put powerful market pressures on power plants to reduce their carbon emissions and would be an important step forward in beginning to address climate change.

There was a lively hearing on January 31 in the House Taxation Committee. The bill was tabled in committee on February 8.

 

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