New York Times: Obama to Propose a $10-a-Barrel Fee on Oil

WASHINGTON — President Obama’s budget request to Congress will include a new fee on oil companies, requiring them to pay $10 to the federal government for every barrel of oil they produce, the White House said on Thursday.

The money, which could bring in up to $32 billion in new federal revenue annually, would be spent on a variety of transportation and infrastructure projects, including bridges and highways, high-speed rail and research on advanced vehicles such as electric and self-driving cars.

New York Times: Proof That a Price on Carbon Works

Lawmakers who oppose taking action to lower greenhouse gas emissions by putting a price on carbon often argue that doing so would hurt businesses and consumers. But the energy policies adopted by some American states and Canadian provinces demonstrate that those arguments are simply unfounded.

Boston Globe: Making a Fair Deal on Carbon

Last month, 196 countries reached a landmark consensus agreement in Paris to reduce greenhouse gas emissions in order to slow global warming, agreeing to work toward capping a global temperature increase to 2 degrees Celsius.

The Hill: Major tire execs call for strong action on climate

As senior executives of large multinational tire companies, we recognize that climate change presents a massive risk that must be managed. The vast majority of the world's climate scientists — estimated at 97 percent by NASA — agree that climate change is real, immediate, and largely caused by human activity.  

Houston Chronicle: Standing for a Carbon Tax

Rarely do companies ask to be taxed. But when the Houston Chronicle editorial board met with representatives from Exxon Mobil Corp. this week, we heard loud and clear their support for an across-the-board tax on carbon emissions.

This puts Exxon alongside other oil and gas companies like BP, Royal Dutch Shell, Total SA and Statoil in standing for a carbon tax. Now it is time for Congress to join their ranks.