Revenue positive carbon price introduced in MA House

The bill, An act to promote green infrastructure, reduce greenhouse gas emissions, and create jobs (H.1726) is sponsored by Representative Jennifer Benson. 

The fee would start at $20 per ton of CO2, rising $5 a year until $40 a ton, at which point the Massachusetts Legislature would review the necessity of the fee. 80% of revenue would  be returned to households and businesses, and 20% would be reinvested in transportation, resiliency, and clean energy projects that reduce emissions, and prepare for climate change impacts.

More information on the bill is available here: https://malegislature.gov/Bills/190/H1726