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hatrack

(59,584 posts)
Fri May 24, 2019, 07:27 AM May 2019

So, Any GOP Support (Even Verbal) 4 The Corporate-Friendly Carbon Tax Big Business Is Pushing? No.

An epic quest loomed Wednesday before the largest gathering of business leaders in a decade to advocate for climate action on Capitol Hill. Could they find a single Republican in the U.S. Senate to take up the cause of carbon pricing? The answer appeared to be: "Not yet."

Officials from Microsoft, Nike, Pepsi, eBay, Exelon, Gap, Levi's, Mars and Tesla were among more than 75 business leaders making the case for a national price on carbon. They scheduled 80 meetings with lawmakers and staff, half of them with Republicans. Lawmakers and their aides ducked behind closed doors to confer with members of the delegation throughout the day.

One Republican who is seen by some as a hope for GOP climate leadership did stop and speak briefly with a reporter outside the door on his way out of a half-hour session with CEOs. "I think we're a long way from legislation of that character at this stage," said Sen. Mitt Romney (R-Utah) of their plea for congressional action.

EDIT

Many Republicans are touting technology subsidies—not taxes—as the solution. At a House Ways and Means Committee hearing last week, several Republicans voiced support for increased incentives to spur innovation. Hugh Welsh, president of DSM North America, a nutrition and health company, said he was telling lawmakers that government incentives are fine for sparking innovation, but not for scaling them up enough to make a difference on climate change. For example, DSM has developed a feed additive that the company says would reduce methane emissions from cows by 30 percent, but he said there's not enough incentive for farms to buy the product unless there is a market imperative to reduce greenhouse gases.

EDIT

https://insideclimatenews.org/news/23052019/carbon-pricing-microsoft-pepsi-stonyfield-corporate-lobbying-congress-climate-change-solutions

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