Exxon Mobil (XOM) is part of a growing coalition warming to the notion of a carbon tax as an...

|About: Exxon Mobil Corporation (XOM)|By:, SA News Editor

Exxon Mobil (XOM) is part of a growing coalition warming to the notion of a carbon tax as an alternative to costly regulation. A carbon tax may be gaining interest as lawmakers seek to simplify corporate taxes and raise revenue to narrow the deficit, though Sen. Ron Wyden says today that rounding up support for a carbon tax “is going to be a big lift politically.”