Friday, February 10, 2017

"Conservative carbon tax"

Further on the point that a carbon tax being promoted by a couple of Reagan era fellows doesn't stand a chance.  From Vox:
A carbon tax won’t get enacted over the next four years unless Republicans get on board. But most of the Republicans currently in Congress loathe new taxes. Many of them also don’t believe global warming is real. Under the circumstances, it’s hard to see why they’d sign up for a big carbon tax, no matter how many times you write “conservative” on the packaging.

Some numbers: To date, exactly zero Republicans currently in Congress have publicly endorsed a carbon tax. On the contrary, last June, every single member of the House GOP voted for a resolution saying a carbon tax “would be detrimental to American families and businesses, and is not in the best interest of the United States.”

A year ago, carbon tax supporters did have one bit of leverage. Republicans also really dislike President Obama’s climate policies, which involved intricate EPA regulations like the Clean Power Plan. It’s entirely possible that some conservatives could’ve been sold on adopting a carbon tax in exchange for curtailing EPA power. Except then Donald Trump got elected and promised to scale back those rules anyway. Today, as Grover Norquist points out, Republicans have little incentive to sign up for a carbon tax trade

1 comment:

not trampis said...

they simply do not believe there is an externality to tax to ensure the social costs are covered.

At least we do know there are some sane republicans out there , simply too few.

There are no sane republicans in the chaos house.