ExxonMobil gives $1 million to promote a carbon tax-and-dividend plan

by Steven Mufson, Washington Post

ExxonMobil will give $1 million over two years to a group promoting a plan that would tax the carbon content of fuels, including the oil giant’s products, and return the proceeds of the tax to Americans.

ExxonMobil said the $1 million will go to Americans for Carbon Dividends, a 501(c)(4) educational and advocacy organization created to support a carbon tax-and-dividend plan put forward by a group including former treasury secretary James A. Baker III and former secretary of state George P. Shultz.

Read more: https://www.washingtonpost.com/energy-environment/2018/10/09/exxonmobil-gives-million-promote-carbon-tax-and-dividend-plan/?noredirect=on&utm_term=.1d09a88fb29c&wpisrc=nl_green&wpmm=1