Lawmakers need to do whatever it takes to price carbon
Most governments have followed the bedrock economic principle that a higher price for something leads to less of its quantity being demanded in the marketplace.
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Most governments have followed the bedrock economic principle that a higher price for something leads to less of its quantity being demanded in the marketplace.
The coming weeks will be pivotal for President Joe Biden's domestic agenda as Congress and the White House debate the trade-offs of a major bill that could affect the pocketbooks, working conditions and social safety net for Americans. William Brangham looks at what it could mean for coping with climate change with congressional correspondent Lisa Desjardins and ProPublica's Abrahm Lustgarten.
Democrats' budget reconciliation infrastructure package on climate change doesn't have a carbon tax yet but may need one if emissions from coal stay high.
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