Senators to unveil carbon tax bill to generate $2.5 trillion in 10 years

Senators to unveil carbon tax bill to generate $2.5 trillion in 10 years

WASHINGTON (Reuters) – Two Democratic U.S. senators will unveil a bill on Thursday to curb climate change by slapping a fee on oil, natural gas and coal and delivering most of the revenues to low- and middle-income Americans, one of the lawmakers said.

FILE PHOTO: Wind turbines generate power at the Loraine Windpark Project in Loraine, Texas U.S. August 24, 2018. REUTERS/Nick Oxford/File…

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