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The conservative case for carbon dividends [Stoat]

Wednesday, February 15, 2017 14:57
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By the Climate “Leadership” Council: a who’s who of conservative elder statesmen, this statement is the first time leading Republicans put forth a concrete, market-based climate solution. The idea is essentially Hansen’s fee-and-dividend, though naturally they don’t mention H; and thankfully they’re prepared to say “tax” instead of H’s weaselly “fee”. Although they do lead with the idea of “dividends”; the inevitable tax component is only visible if you read on. The initial rate is $40 per tonne, which is fair enough. The Carbon Tax Center seem happy enough. As they say, there’s a political “swap” in the Council’s proposal to rescind the Obama administration’s Clean Power Plan which will make some people sad, but if it gets this passed I’d be happy enough.

Various obvious suspects are against it, so that’s good. Vox, I think nominally leftish, can’t bring themselves to say anything good about it, because their main aim is to snipe at the Republicans; dull. Salon is generally happy, as is the FT. Which, after noting the difficulties of border adjustments, comments the overall thrust of the plan is right. Human-caused climate change is real, and imposing some kind of price on carbon emissions is the best way to address it.

The plan itself is nominally here but is not downloading for me right now.


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