How would the money raised from a CO2 “tax” be used?
There are various suggestions about how to use the revenues collected from the “tax”. Some have suggested using the funds for the federal government to spend on programs unrelated to energy. Some of the revenues would be turned into profits for entities trading (selling) unneeded credits on a commodity market. We believe if this tax was to pass, the proceeds should be used for energy research and defraying energy cost increases for customers.
