SF Bay Area to Tax for Carbon Emissions

martinez shell oil refinery san francisco bay area SF Bay Area to Tax for Carbon Emissions

Want a surefire solution to curbing carbon emissions? Tax them. That’s exactly what the savvy air quality regulators in the San Francisco Bay Area are attempting to implement. In what is believed to be a first for the nation — a government body will charge businesses for contributing to climate change.

The agency in question is the Bay Area Air Quality Management District, which plans to bypass inaction in Sacramento and Washington by (according to the New York Times) charging industries “4.4 cents per ton of carbon dioxide emitted.” The agency, which already has independent authority to charge industries for other pollution, such as particulates, says this new fee “would be stretching its mandate to include carbon dioxide, methane and other heat-trapping gases.”

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