Category Archives: carbon tax

Dancing around the carbon tax in the United States Senate

Climate and climate policy are more than moderately complicated issues, as we all are well aware. But at the end of the day we know too there are a certain number of basic underlying truths that shape these issues and outcomes, which one either grasps or one does not. And in this regard, there can be little doubt that the most single powerful single lever available for slowing down climate damage is carbon-reduction — and by far the most powerful way to achieve this is through a well-fashioned carbon tax. You put a price on carbon emissions, a high price preferably, and you can be sure that they will come down. Economics 101. But say this to a hundred bright people, and 99 will immediately, without losing a beat, look you in the eye and start to list all the reasons why this cannot be done. Wrong! It can be done. Continue reading