Can Republicans Warm Up to a Carbon Tax? January 18, 2013 By James Handley Can Republicans Warm Up to a Carbon Tax? (Nat’l Journal)
Jay Tyson says
Excellent article! If conservatives and liberals can agree on the need for a carbon tax, that is a major first step.
Now, I hope the liberals can show some flexibility in recognizing that the proceeds should go to people, companies and local governments that have been directly or indirectly affected by climate-change events, or those that need funds to protect against likely future events, rather than being diverted for other things (recognizing that this dedicated funding leaves more general revenues available for other things).
And I hope conservatives can show some flexibility in allowing the funds to pay not only for direct impacts of climate change, but also indirect impacts of mining coal, drilling for oil and fracking for gas.
Establish a carbon repair fund, and let people, companies and local governments draw from it whenever necessary, and adjust the carbon tax rate accordingly. This will set our energy policy and economics on the right path.