Rep. Ted Deutch (D-FL) is a sponsor of H.R. 763 or the Energy Innovation and Carbon Dividend Act, a bipartisan carbon tax bill currently before Congress. (Photo by Chip Somodevilla/Getty Images)

Rep. Ted Deutch (D-FL) is a sponsor of H.R. 763 or the Energy Innovation and Carbon Dividend Act, a bipartisan carbon tax bill currently before Congress. (Photo by Chip Somodevilla/Getty Images)

Is imposing a corporate tax on carbon emissions the best way to reduce America’s greenhouse gas emissions? Bipartisan supporters of the Energy Innovation and Carbon Dividend Act, or H.R. 763, believe so.

But the bill doesn’t stop at proposing a tax on corporations with huge carbon imprints. It also suggests that corporate fees should be redistributed to citizens and lawful residents each month.

This proposal is just one carbon pricing option. Ten states are already working on their own policy solutions.

We weigh the pros and cons of different carbon taxes.

Produced by Stacia Brown

Guests

  • Danny Richter Vice president of government affairs at Citizens' Climate Lobby
  • Bob Perciasepe President of The Center for Climate and Energy Solutions; @BobPerch
  • Monica de Bolle Senior fellow, Peterson Institute for International Economics; Director of Latin American Studies, Johns Hopkins University; @bollemdb
  • Mary Nichols Chairwoman of the California Air Resources Board

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