I'm sorry to say that the notion of
a bipartisan federal carbon tax is barely on life - support, as we wrote here last week, decrying the passivity of the Climate Solutions Caucus — the Noah's Ark - like conclave that we formerly touted as a possible incubator for a revenue - neutral carbon tax.
A
bipartisan group of U.S. senators has announced plans to reintroduce legislation called the FUTURE Act, which would extend and expand the
federal 45Q
tax credit for
carbon dioxide capture and sequestration.