Report: Pricing carbon key to taking on climate change
BOSTON -- Last month, President Joe Biden released a massive infrastructure spending plan designed to build a cleaner and healthier America. This week, on Earth Day, the president is hosting world leaders for a global climate summit, and is discussing ways in which the U.S. will meet its goals under the Paris climate accords. According to a new report, putting a price on carbon can be key to the success of both. In Carbon Pricing 101: Strategies for putting a price on global warming pollution, U.S. PIRG Education Fund, Environment America Research & Policy Center and Frontier Group recommend that the federal government and U.S. states pursue carbon pricing programs, along with other policies, to cut pollution, as the best way to achieve the emissions reductions necessary to stave off the worst of global warming.