A Carbon Tax? Don’t Expect One Anytime Soon, Obama Says

Bloomberg - A carbon tax on fossil fuels might be the single best approach to curbing global climate change—just don’t expect the U.S. or a broad swath of nations to impose one anytime soon, President Barack Obama said.

The South by South Lawn event was the first to be held at the White House, focusing on technology and civic engagement and inspired by the annual South by Southwest festival in Austin, Texas. Obama shared the stage with Katharine Hayhoe, a climate scientist at Texas Tech University, on a panel moderated by actor and climate activist Leonardo DiCaprio.

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