The ADC aims to spend $5 million on an initial lobbying campaign to win support for the tax, said , senior vice president at the group.
PAC is looking to build legislative support for its carbon tax. It proposes an initial $40 a ton tax on carbon dioxide that would increase over time, with the money raised to be returned to consumers.
The PAC has raised $1 million each from Exelon Corp, First Solar Inc and the American Wind Energy Association and expects to reach its goal of a $5 million in coming months. (Source: Exxon,
Denton Daily, Reuters, 8 Dec., 2019)
Contact: Climate Leadership Council, Greg Bertelsen, www.clcouncil.org; Americans for Carbon Dividends, www.afcd.org
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