HB 1152 - Carbon Tax Act (Passed)

[Fmr. Representative Encke]

Can we get a time estimate on that process?

Another day at least, maybe more. I've PMed Scott asking for his sources.

[Fmr. Representative Encke]

A few other things:

1. It's going to be impossible to calculate this part

You must be logged in to read this quote.

so any cost analysis will be an upper bound.

2. The 'carbon, not CO2 emissions' bit is annoying because more detailed information is available on CO2 emissions than is available for, say, methane emissions.

3. VPH's amendment is going to be tricky or impossible to calculate. I might just assume that the added revenues from this cancel out the revenues lost from the rebates.

[Fmr. Representative Encke]

Sorry about the enormous delay on this. Last weekend I was caught up with the election and this week I've been focusing on midterms and things. This will definitely be finished by the end of today (or very early tomorrow if I end up staying out late).

[Fmr. Representative Encke]

Here it is, finally. The uncertainty in the revenue estimate is large (tens to hundreds of billions of dollars) even without factoring in Section IV and the VPH amendment. Revenue estimates for the first year range from 20 billion to 70 billion dollars depending on how certain passages are interpreted in Scott's source.

https://drive.google.com/open?id=1aVplmKvMDYIiEWtVUlQl0f6_99-jeaSYsCqtZJrNqKM