ExxonMobil CEO: No carbon tax

Good, no carbon tax would accomplish anything, anyway.

The Cleveland Plain Dealer reports:

CEO Rex Tillerson said he does not support a “carbon tax,” referring to proposals advocated for years by environmentalists to have Uncle Sam tax the use of fossil fuels, basing the charges on the amount of carbon dioxide produced.

“We still have a lot of gains to be made through technology and other less intrusive policies on the economy,” Tillerson said. “And it is a global problem. We are not going to set the carbon tax policy for China.”

Read why a carbon tax would be ineffective.

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