Electricity Policy

Wed10182017

Last updateThu, 16 Mar 2017 7pm

ISSN 2331-1223  Twitter

Traditional conservatives make the case for a carbon tax to fight climate change

Baker_carbontax

February 9, 2017 -- In “The Conservative Case for Carbon Dividends: How a new climate strategy can strengthen our economy, reduce regulation, help working-class Americans, shrink government & promote national security,” a blue chip group of eight notables—some older and perhaps even wiser than the president—has attempted to do what others have tried: to make the case for arresting climate change and prospering in the bargain. The group, led by the likes of former Secretary of State James A. Baker III, former Secretary of State George P. Shultz and former Secretary of the Treasury Henry M. Paulson Jr., says that taxing carbon pollution produced by burning fossil fuels is “a conservative climate solution” based on free-market principles. Baker was scheduled to meet yesterday with White House officials, including Vice President Mike Pence, Jared Kushner, President Trump’s senior adviser and his son-in-law, the president’s daughter, Ivanka Trump, and Gary D. Cohn, director of the National Economic Council

In an interview with the New York Times, Baker said the plan followed classic conservative principles of free-market solutions and small government. He suggested that even former President Ronald Reagan would have blessed the plan: “I’m not at all sure the Gipper wouldn’t have been very happy with this,” but admitted he had no idea how the proposal would be received by the current White House or Congress.

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