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MIT study suggests carbon tax could help reduce US deficit, lower other taxes, reduce emissions

Green Car Congress

—John Reilly, co-director of the Joint Program and co-author Sebastian Rausch, now at ETH Zurich University, calculated the impact a carbon tax starting at $20 per ton would have using a national economic model that details energy, taxes and household incomes. They found that the tax would raise $1.5 and Ed Markey (Mass.)

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