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Why Have a Carbon Untax?
July 5, 2009 Everyone knows cap and trade is a carbon tax in disguise. Cap-taxes are expensive and frightening because no on knows how high the really are.
A carbon untax refunds all of the money (100%) directly to consumers.
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Al Gore, February, 2009. "I certainly believe that the simplest and easiest way to solve this problem would be a C02 tax that is 100 percent refundable."
James E. Hansen, Al Gore's science adviser, 2008. “Cap and trade” generates special interests, lobbyists, and trading schemes, yielding nonproductive millionaires, all at public expense. The public is fed up with such business.
Paul Krugman. The most straightforward policy would be an across-the-board carbon tax. • [A pollution tax] commands the assent of virtually every card-carrying economist.
“It’s much easier for me to think of scenarios where cap-and-trade goes crazy, prices fluctuate like mad, and people get turned off,” said Martin Weitzman, a Harvard economist. “That could end up discrediting the system for a decade or a generation.”
House Democratic Caucus Chairman John Larson of Connecticut is one of the most vocal supporters of a carbon tax. NY Times
Harry Reid (Senate Majority Leader D-Nev.) 2/18/09. "That could involve cap and trade or a carbon tax." — concerning this summer's climate legislation.
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http://zfacts.com/p/661.html | 01/18/12 07:16 GMT
Modified: Sun, 05 Jul 2009 19:09:28 GMT
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