The Wall Street Journal: New conservative PAC to push for carbon tax in U.S.

A group of veteran conservative political leaders are launching a political-action committee to push for a U.S. carbon tax, a move potentially funded by several large corporations that could test Republican appetite to act on climate legislation.

The effort would put financial, advertising and lobbying muscle behind a policy proposed last year that called for taxing carbon emissions and returning the revenue as a dividend to Americans. Janet Yellen and Ben Bernanke, who both chaired the Federal Reserve, are among a number of individual and corporate supporters of the plan.

The new group, called Americans for Carbon Dividends and co-chaired by former U.S.

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