It has been almost two months since President Donald Trump announced his plan for the U.S. to withdraw from the Paris climate accord.
Now it appears that the White House may be considering the idea of a national carbon tax, but it appears there are only two options left: a carbon tax is just too expensive, or a carbon dioxide tax is too expensive.
The White House has been hinting at a carbon price as a way to discourage carbon emissions from the country.
A carbon tax would raise $10 billion over a 10-year period, according to a White House budget document obtained by Axios.
The plan to increase revenue through a carbon taxes is similar to a proposal put forth by the White Houses Climate Solutions Initiative, a group led by former Vice President Joe Biden.
But there is a catch.
The tax proposal was released as the United States was considering a deal with China that would reduce greenhouse gas emissions.
While it is possible that the plan would be a boon for the United Kingdom, it could be a big blow for the American economy.
In the end, the tax proposal is likely to be seen as a form of government aid to the wealthy and corporations.
While the United Nations Framework Convention on Climate Change (UNFCCC) and other international organizations are currently negotiating an agreement that will reduce global warming to “well below” 2 degrees Celsius, the United Nation’s Framework Convention does not explicitly mandate a carbon pricing plan.
That would be up to the U