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Advocate Groups Pushing for Carbon Tax

A coalition of environmental, business and low-income advocates are pushing for Vermont to adopt a carbon tax and to use the money both for energy efficiency and for tax cuts elsewhere

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A coalition of environmental, business and low-income advocates are pushing for Vermont to adopt a carbon tax and to use the money both for energy efficiency and for tax cuts elsewhere.

The Vermont Public Interest Research Group says a tax of $50 per metric ton of carbon pollution - that's equal to about 9 cents per gallon at the pump - phased in over 10 years would raise $35 million in the first year. It would raise $250 million in the 10th year.

A portion of the revenue would go to low-income Vermonters to boost energy conservation measures.

Gov. Peter Shumlin says he's skeptical of Vermont adopting a carbon tax by itself, and would prefer a regional solution.

Copyright AP - Associated Press
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