· Updated January 16, 2025 12:30 AM · 1 min read read
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A bill that would tax carbon dioxide emissions from oil, natural gas, and coal in Massachusetts has 107 co-sponsors in the 200-member state Legislature – all of them Democrats.
HD.2370 calls for charging $20 per ton of carbon dioxide unit in the first year, then increasing the tax $5 per ton every year until it reaches $40 per ton in the fifth year, with further increases slated if the state's secretary of energy and environmental affairs determines that "actual emissions have exceeded the annu
A bill that would tax carbon dioxide emissions from oil, natural gas, and coal in Massachusetts has 107 co-sponsors in the 200-member state Legislature – all of them Democrats.
HD.2370 calls for charging $20 per ton of carbon dioxide unit in the first year, then increasing the tax $5 per ton every year until it reaches $40 per ton in the fifth year, with further increases slated if the state's secretary of energy and environmental affairs determines that "actual emissions have exceeded the annu…