Despite the blue wave, the U.S. failed to pass its first carbon tax

While the U.S. has enacted policies aimed at lowering carbon dioxide emissions, such as Renewable Portfolio Standards and federal tax credits, assigning a price on carbon remains out of reach, at least for now, writes Energy Institute Research Associate Joshua Rhodes in Axios. In the recent election, voters in Washington State rejected a ballot measure that would have financed a long-term, multi-billion measure to cut the state’s greenhouse gas emissions. Read more.