While Washington dawdles over emissions trading, Bay Area passes nation’s first carbon tax
In a first for the nation, the Bay Area Air Quality Management District yesterday voted in a carbon tax applying to nine counties in Northern California. Large businesses will now pay 4.4 cents for every ton of carbon emitted, generating about $1 million a year to be plowed back into environmental studies.
We first mentioned the local carbon tax in February, when local government began considering the measure. It appears the board had a taste for… Continue Reading