Apr 4, 2017 - Energy & Environment

Trump Admin considering carbon tax

Walter via Flickr CC

The Trump Administration is considering a carbon tax, which would target emissions of carbon dioxide in the burning of fossil fuels, according to an official and a person briefed on the matter, per The Washington Post.

Our thought bubble: The White House first declined to rule a carbon tax out, then told Axios last month it was ruling it out, so we'll see if the seesaw continues.

The Administration is also reportedly considering a value-added tax, which consumers would pay when making purchases and businesses would pay when buying supplies, services, or raw materials.

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