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albany3 120Assemblywoman Barbara Lifton (D/WFP-125AD, Tompkins/Cortland) announced last Friday that she was introducing a bill she has authored that will require the preparation of a comprehensive greenhouse gas tax study by the New York State Energy Research and Development Authority.

"Many economists agree that a carbon/ greenhouse gas tax is one of the most effective ways to curb emissions, by accounting for the full costs of climate pollution through a market-based solution. A comprehensive carbon tax study can help pave the way for taking strong action on climate change," said Lifton. "A greenhouse gas study will answer many important questions about the impacts of implementing a statewide greenhouse gas tax. Understanding the impacts to low-income families and neighborhoods, the environmental and policy benefits, the optimal taxation level, and how to allocate the revenues generated by a greenhouse gas tax, among other concerns, will provide important information tailored to the specifics of New York State."

"Our climate scientists, and governing bodies across the world, recognize that the time to act on reducing harmful emissions is now," said Lifton. "Establishing a greenhouse gas emissions tax would establish New York as a real climate leader, and my comprehensive study legislation is a crucial piece in preparing us across all sectors and optimizing a statewide policy."

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