Conservative coalition urges Congress to review concurrent resolution on economic impacts of carbon tax
The American Energy Alliance and 19 co-signing organizations sent a letter this week to Speaker Paul Ryan and House Majority Leader Kevin McCarthy urging Congress to consider the potential economic impacts of a carbon tax.
The letter urged Ryan and McCarty to bring a concurrent resolution introduced by Rep. Steve Scalise (R-LA), H. Con. Res 119, before the House of Representatives for consideration “at the earliest opportunity.”
H. Con. Res 119, expressing the sense of Congress that a carbon tax would be detrimental to the United States economy, was referred to the House Committee on Ways and Means after being introduced.
“No matter how the revenue is divvied up, the core of all carbon taxes is the same — American consumers will be forced to pay more on their electric bills, more at the pump, and more for consumer goods with no tangible benefit for having done so,” AEA President Thomas J. Pyle said.
The letter addressed what has been called conservative carbon taxes as “virtually identical” to other carbon taxes and argued that a carbon tax would not have a significant impact on global temperatures.
“There’s no such thing as a ‘conservative carbon tax.’ Congress has made great strides in putting money back in the hands of American families through tax reform; it would be a shame to negate that impact through an increase in energy prices that a carbon tax would inevitably cause,” Pyle said.
