What does a Republican-friendly carbon tax look like?

A recent Responding to Climate Change blog post discusses The Hamilton Project's "The Many Benefits of a Carbon Tax," in which Adele Morris of the Brookings Institution proposes a carbon tax as a new source of revenue that could also help address climate change. The blog post quotes Morris who highlighted the budgetary benefits under her proposal, which would implement a tax of $16 per ton of CO2 and increase it by 4 percent plus inflation each year. She said, “As the tax goes up over time there could be additional revenue that could be used to reduce the budget deficit.” To read the full piece, click here.