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U.S. manufacturers say carbon tax could cut factory output

2013-02-26 23:14:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The largest U.S. manufacturers' association on Tuesday warned that a potential tax on carbon emissions to fight global warming would cut factory output and could hurt the U.S. economy in other ways. The National Association of Manufacturers (NAM) released a report predicting such a tax would raise energy prices, squeeze households and harm U.S. competitiveness. The association called the report a preemptive strike against a recent proposal of a carbon tax from two U.S. Senators who have not yet...

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