S.F. approves carbon tax

The Bay Area Air Quality Management District has approved the nation’s first tax on carbon use for businesses. It’s a quite modest tax, some businesses may pay less than $1 a year, but it does set a precedent.

San Francisco Mayor Gavin Newsom said he wants voters to decide on an additional tax in November that would charge more for carbon emissions, but lower payroll taxes on businesses that reduce emissions.

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