So I’m here in Las Vegas, in beautiful Mandalay Bay Hotel, at Heartland Institute’s 9th International Conference on Climate Change. This morning I gave a Power Point presentation titled “Carbon Tax: A Conservative Idea Whose Time Has Come?”
A ‘conservative’ carbon tax is so loopy that at times I half believe it must be a passing fad, a bad joke, or a piece of blackboard econometric foppery rather than a grimly-determined political agenda.
But shortly after my presentation, a colleague forwarded an email he received from MIT’s Climate CoLab. The message begins:
FRIDAY: U.S. Carbon Price Webinar with former U.S. Secretary of State George Shultz and former Members of Congress Bob Inglis and Phil Sharp. . . . The Webinar will consider “How could a national price on carbon be implemented in the United States?”
The email goes on to describe the Webinar as “an exciting opportunity” for entrants in Climate CoLab’s Carbon Price Contest “to ask questions and get feedback from advisors who will also be serving as judges.” Winners can earn up to $10K in prize money. These folks mean business, and they’re putting some donor’s money where their mouths are.
Most ‘conservative’ carbon-taxers claim they want a tax that is ‘revenue neutral’ (offsets other taxes dollar-for-dollar) and replaces EPA greenhouse gas regulations, federal fuel-economy standards, state renewable energy mandates, etc. But Washington’s big spenders have no interest in tax ‘reform’ that does not ‘enhance’ revenues, and Big Green has no desire to trade away its capture of regulatory agencies — especially not for a tax that couldn’t be used to fund green-energy programs.
A revenue-neutral, regulation-dismantling carbon tax is a pipe dream.
To view my Power Point, click here.