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Carbon Taxes, Cap-and-Trade Getting Another Look in US

Europe does it. Japan does it. Some corporations do it. Even China says it’s going to do it. And with negotiators gathering in Paris for major U.N. climate talks, calls are intensifying to make all polluters pay a price for carbon dioxide and other planet-warming emissions. Many economists back the approach as a market-friendly way to cut global warming pollution. The U.S. Congress is hostile to the idea. But it’s gaining traction anyway, in U.S. statehouses and corporate...

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