• Safi Bello

Why would Exxon donate $1 million to a carbon tax initiative?

Ars Technica --------- On Wednesday, The Wall Street Journal reported that ExxonMobil had committed $1 million to a Republican-led carbon tax initiative called Americans for Carbon Dividends (AFCD). The story is a bit surprising on its face: it seems counterintuitive that an oil company would want to give money to an initiative that would tax its (considerable) carbon contribution. The other surprising factor is that some Republicans, who have traditionally resisted both climate policy and tax increases, are advocating for both. To learn more click on the picture below to read the article.

Why would Exxon donate $1 million to a carbon tax initiative? - Read More from Ars Technica

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