Climate News
Re “At Exxon, Nominee Steered Company’s ‘Evolution’ on Climate” (news article, Dec. 29):
Exxon Mobil supports a carbon tax as the best approach for policy makers because it would ensure a uniform and predictable cost of carbon across the economy, allow market forces to drive solutions and maximize transparency to stakeholders.
Dear Editor,
If letter-writer Blane Morse wants to give nuclear power a boost, he should be singing the praises of a carbon tax instead of criticizing it [“Nuclear power, not a carbon tax, can stop global warming,” letters, Nov. 1]. Today, nuclear power is not cost-competitive in part because we subsidize fossil fuels, which do not cover their external costs. Impose a carbon fee at a significant level ($30 or more) to remove that subsidy, and nuclear would become competitive again.
