10-10-2018
OLYMPIA, Wash. — Microsoft co-founder Bill Gates endorsed a November ballot measure in Washington that would tax carbon emissions from fossil fuels.
Gates wrote in a LinkedIn post Tuesday that he will contribute to the Yes on 1631 campaign and vote for it, saying “climate change may be the toughest problem humanity has ever faced.”
The philanthropist cited several reasons for his support, including that the measure would help Washington become a hub for innovative work on clean energy.
I-1631 would charge large carbon emitters an escalating fee on fossil-fuel emissions starting at $15 per metric ton.
It would be the first direct carbon fee of its kind in the country.