Carbon Tax Called For by Conservative Coalition

Prominent conservatives have issued a call for a carbon tax to address climate change. In a WSJ opinion column, co-authors James Baker and George Schultz, both former Secretaries of State and members of the Climate Leadership Council, outlined the group’s plans, “based on a sound economic analysis.” Their proposal states that a carbon tax is “the most effective way to reduce emissions,” and that distributing a carbon dividend payment would benefit working families while providing regulatory relief to businesses. Ultimately, their strategy would “help steer the US toward a path of more durable economic growth.” The mission of the CLC is to convene global opinion leaders around new climate solutions. Sounds like a logical, bottom-line focused proposal worthy of serious consideration. Anybody in government listening?

John Howell, Editorial Director