Joe Biden’s business allies discuss ways to pay for infrastructure plan, including a carbon tax

Joe Biden’s business allies discuss ways to pay for infrastructure plan, including a carbon tax

US President-Elect Joe Biden talks to reporters after delivering remarks, before the holiday, at The Queen in Wilmington, Delaware on December 22, 2020.Alex Edelman | AFP | Getty ImagesPresident Joe Biden's allies in the business community have been meeting to craft a set of proposals, including a potential carbon tax, to help pay for an expected $2 trillion infrastructure plan.One of those efforts, which started just after Biden was declared the winner of the election in late November, is being led by longtime Biden ally and New York business leader Dennis Mehiel, along with former Dow Chemical CEO Andrew Liveris, according to a person with direct knowledge of the matter.Mehiel and Liveris have been reaching out to business leaders across the country to discuss ways they believe the Biden administration and Congress could move ahead with funding mechanisms for such a large scale proposal, this person noted. The plan is expected to come together in a few months, as Biden focuses on the Covid-19 pandemic and economic relief.Discussions with various teams are expected to continue in the coming weeks. Some of the ideas are on course to be brought to Biden administration officials, along with congressional leaders. Sen. Chris Coons,