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Alan Rogers / The Casper Star-Tribune via AP

A group of former senior U.S. officials from past Republican administrations have called for a tax on carbon emissions to help fight climate change, per the Financial Times. The group — known as the Climate Leadership Council — is led by James Baker, former secretary of state for George H.W. Bush and Treasury secretary for Ronald Reagan; George P. Schultz, former secretary of state under Reagan; and Henry Paulson, former Treasury secretary under George W. Bush.

They are scheduled to meet with White House officials later today, including Vice President Mike Pence, Jared Kushner and Director of the National Economic Council Gary Cohn, to present their plan for addressing global warming. They argue the proposal — which would tax carbon emissions at $40 per ton, with all of the revenue recycled in dividends paid back to the public — will "embody the principles of free markets and limited government."

Why this matters: The proposal puts influential members of the GOP on the record as favoring action on climate change — a position that is not publicly supported by establishment Republicans, as most GOP members have promised a rollback of emissions regulations now that they have control of both houses of Congress and the White House.

Go deeper

Schumer's m(aj)ority checklist

Senate Minority Leader Chuck Schumer. Photo: Tasos Katopodis/Getty Images

Capitalizing on the Georgia runoffs, achieving a 50-50 Senate and launching an impeachment trial are weighty to-dos for getting Joe Biden's administration up and running on Day One.

What to watch: A blend of ceremonies, hearings and legal timelines will come into play on Tuesday and Wednesday so Chuck Schumer can actually claim the Senate majority and propel the new president's agenda.

The dark new reality in Congress

National Guard troops keep watch at security fencing. Photo: Kent Nishimura/Los Angeles Times via Getty Images

This is how bad things are for elected officials and others working in a post-insurrection Congress:

  • Rep. Norma Torres (D-Calif.) said she had a panic attack while grocery shopping back home.
  • Rep. Jim McGovern (D-Mass.) said police may also have to be at his constituent meetings.
  • Rep. Adam Kinzinger (R-Ill.) told a podcaster he brought a gun to his office on Capitol Hill on Jan. 6 because he anticipated trouble with the proceedings that day.
Off the Rails

Episode 3: Descent into madness ... Trump: "Sometimes you need a little crazy"

Photo illustration: Sarah Grillo/Axios. Photos: Tom Williams/CQ-Roll Call, Chip Somodevilla/Getty Images

Beginning on election night 2020 and continuing through his final days in office, Donald Trump unraveled and dragged America with him, to the point that his followers sacked the U.S. Capitol with two weeks left in his term. This Axios series takes you inside the collapse of a president.

Episode 3: The conspiracy goes too far. Trump's outside lawyers plot to seize voting machines and spin theories about communists, spies and computer software.

President Trump was sitting in the Oval Office one day in late November when a call came in from lawyer Sidney Powell. "Ugh, Sidney," he told the staff in the room before he picked up. "She's getting a little crazy, isn't she? She's really gotta tone it down. No one believes this stuff. It's just too much."