A bill in Congress on revenue-neutral carbon tax could slash American greenhouse-gas emissions

13 November 2019: A proposed bill called the Energy Innovation and Carbon Dividend Act (EICDA), could see the U.S. government charge companies for every ton of greenhouse gas they emit and transferring the revenues back to Americans in the form of a tax cut or check. The price would be set at $15 on every ton of carbon pollution and would then rise by at least $10 a year, potentially leading to a 36 percent cut in American carbon emissions by 2030, according to a Columbia University study. However, the bill does not have concrete bipartisan support, as out of its 71 co-sponsors, 70 are Democrats. To learn more about the bill and its political feasibility, refer to the full article on the Atlantic’s website.