The great thing about the endless speculation on carbon taxes is that everyone is right. They're alive and dead at the same time, which brings us to...
The latest: The Washington Post broke a big story yesterday with a report that the White House is weighing a carbon tax and a value-added tax as officials search for revenue in wider tax code overhaul plans.
The fallout: That set off a ton of follow-up stories, but the White House quickly tried to settle things down. "As of now, neither a carbon tax nor a VAT are under consideration," deputy press secretary Lindsay Walters said Tuesday afternoon.
- This was the second time in the last few weeks that the White House has sought to put the kibosh on the idea that a carbon tax is under serious consideration.