On magical, mythical, market unicorn fairies
Or how we can get effective climate policy without government intervention
I don’t usually respond to op-ed columns, but the column by Bret Stephens in the New York Times on climate policy yesterday is so …. foolish that I think it needs a response. And more to the point, the foolishness in the column can help illuminate some of the major problems that have developed as …
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On the future of climate policy
A response to William Nordhaus’s comments about how essential carbon taxes are to addressing climate change
William Nordhaus recently (and deservedly) won the Nobel Prize for Economics for his work on the economic implications of climate change and policies to respond to climate change. In the press coverage after the award, some comments were attributed to Nordhaus that I think are important to consider in more depth – in part because …
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Let’s Make A Deal
What Should Environmentalists Give Up – and Demand – For A Carbon Tax?
A nice editorial from the Los Angeles Times about the proposed carbon tax being offered by some Republicans under the front group Americans for Carbon Dividends, most notably former Secretaries of State James Baker and George Shultz. Exxon-Mobil is even throwing $1 million into the effort — chump change for such a corporate behemoth. The Times …
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The Carbon Tax — More Attractive Than Ever
Due to the latest tax bill, a carbon tax look like a great strategy when the Dems take power again.
Sooner or later, the Democrats will take control of Congress and the White House, just like the Republicans right now. That’s not a political prediction so much as a recognition that the wheel is bound to turn around at some point. At that point, they should give very serious consideration to the possibility of a …
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Climate Policy Canadian-Style
Canada is setting a great example to its southern neighbor.
Despite our geographic proximity and close economic ties, Canada doesn’t get a lot of press attention in the U.S. But unknown to many, Canada has been taking aggressive steps forward in climate policy. Prime Minister Justin Trudeau rejected Trump’s decision in no uncertain terms: We are deeply disappointed that the United States federal government has …
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Some day the Trump/Ryan/Pruitt era will end. We need to be ready to move forward.
Fighting the Trump/Ryan/Pruitt assault on environmental protection necessarily absorbs a huge amount of our energy. But eventually, the current conservative stranglehold on the national government will come to an end. Sooner or later, the government will once again come into more environmentally friendly hands. When that happens, we need to have practical, detailed proposals ready …
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Beyond Cap-and-Trade and Carbon Taxes
The idea of putting a price on carbon has popped up in unexpected ways.
Conventionally, carbon pricing takes place when the government either creates a cap-and-trade scheme or a carbon tax. But we’ve begun to see carbon prices popping up in other interesting ways. The idea of putting a price on carbon seems to have influence well outside of the classic tax-or-trade models. For instance, carbon pricing has moved beyond …
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About that carbon tax idea….
Eric Biber posted last week about the proposal from several heavyweight Republicans for a carbon tax, outlined in a Wall Street Journal op-ed. Much has been said about the merits and problems of a carbon tax, including on this blog, so I will try not to repeat those points here. However, I wanted to expand …
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The GOP’s stealth carbon tax?
Republican proposals for border adjustment tax are equivalent to a carbon tax on oil
One of the leading proposals being floated by Republicans for tax reform is what is called a border adjustment tax. Put simply, it would tax corporate income on imports into the U.S. and leave income from exports tax exempt. The policy argument for it is that it would simplify tax administration for large, multinational companies …
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A conservative proposal for a carbon tax
A promising proposal from conservative leaders, but important questions remain
An impressive lineup of senior Republican leaders has embraced a carbon tax as an approach to address climate change. The proposal is to trade away the Obama Administration Clean Power Plan and tort liability against fossil fuel companies for a $40/ton carbon tax that would increase over time. All revenues from the tax would be …
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