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The legislation also proposes numerous actions against financing and support for fossil fuel industries. Among the financing provisions of the legislation are: Price on carbon. Bernie Sanders (I-Vt.) and Barbara Boxer (D-Calif.) The legislation would enact a fee of $20 per ton or carbon or methane equivalent, rising at 5.6%
Böhni emphasized that the production of climate-neutral fuel is key to climateprotection and therefore needs to be given a fair chance; he established the Clean Fuel Now initiative at the Federal Parliament in Bern in late 2014. Climate change is happening much faster than we thought a few years ago. Earlier post.).
Cap-and-trade was first tried on a significant scale twenty years ago under the first Bush administration as a way to address the problem of airborne sulfur dioxide pollution–widely known as acid rain–from coal-burning power plants in the eastern United States. Financing Investments and Other Public Expenditures. Reduced Output.
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