Politico Massachusetts Playbook
EXCLUSIVE: CARBON TAX WITH A TWIST — As we cross the first deadline of this legislative session — bill filing day — education funding and climate change have emerged as top issues. The challenge, of course, is how to get them done.
But Lexington state Sen. Michael Barrett has an idea to kill two birds with one stone: Why not direct some of the money generated by carbon pricing to fund education? A draft of Barrett’s carbon tax bill circulated to various environmental groups, viewed by POLITICO, would disburse 30 percent of money in a “carbon pricing trust fund” to education aid for cities and towns. Sixty percent of the money would go to the state transportation fund, 5 percent would go to a new environmental health and justice trust fund, and 5 percent would go toward electric vehicles, Barrett said.
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