33 min
The Imminent Prospect of a Very Bad Idea: A Carbon Tax The Last Optimist
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- Politics
At the end of 2023, Congress had four different pieces of proposed legislation directed at creating a carbon tax; three had bipartisan support. Thus, bookmakers see a rising prospect for some form of carbon tax. We return to unbundling why that’s such a bad idea, and the flaws in claiming that it would unleash “market forces” to create alternatives.
For a summary of the state of the bad idea see The Carbon Tax Cliff, City Journal, Mark P. Mills, January 3, 2024.
At the end of 2023, Congress had four different pieces of proposed legislation directed at creating a carbon tax; three had bipartisan support. Thus, bookmakers see a rising prospect for some form of carbon tax. We return to unbundling why that’s such a bad idea, and the flaws in claiming that it would unleash “market forces” to create alternatives.
For a summary of the state of the bad idea see The Carbon Tax Cliff, City Journal, Mark P. Mills, January 3, 2024.
33 min