Thursday, August 02, 2007

On carbon taxes

The Washington Post today contains an excellent article on carbon taxes by the Democrat John Dingle, chairman of the U.S. House Energy and Commerce committee. Here are a couple of excerpts:

A carbon tax or fee has been endorsed by President Bush's former chief economic adviser, Greg Mankiw; Nobel Prize-winning conservative economist Gary Becker; the chief executive of the largest U.S. auto-dealer chain, Mike Jackson; and several environmental organizations. From Alan Greenspan to Greenpeace, many recognize its utility.

I don't expect to overcome ideological Republican opposition to all forms of taxation, but if CEOs, economists, environmentalists and citizens speak out, we could effect real change.

TJN is developing some of its own arguments on carbon taxation, with some angles that some people might not have thought of. We will unveil these in due course. Watch this space.


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