Posts Tagged ‘climate change’

Could EPA’s New Greenhouse Gas Rules Open the Door to a State-based Carbon Tax?

EPA’s proposed tough new standards for power-plant emissions of greenhouse gasses opens the door to new state or regional cap-and-trade systems to limit carbon discharges. It is less clear whether it would go the next step and permit states to impose their own carbon tax. The proposed EPA rules, which Brookings senior fellow Barry Rabe […]

Three Options for Better Climate Policy

Thanks to a 2007 Supreme Court ruling that greenhouse gases are air pollutants under the Clean Air Act, the Environmental Protection Agency has to do something to control them. But the act is ill-suited to controlling a non-toxic global pollutant. The law requires the EPA to set separate emissions guidelines for each category of existing […]

Want to Do Something About Greenhouse Gas? Try a Carbon Tax

This morning, the White House released a massive report on the effects of climate change. In sum: The problem is already bad, it is going to get worse, and we need to address it quickly. The science of greenhouse gas emissions and climate change may be clear (though, of course, always evolving). But the policy […]

New Study: Tax Subsidies Do Little To Reduce Greenhouse Gas Emissions

The other day, President Obama proposed a modest and largely aspirational plan to respond to climate change. Unlike some of his past efforts, it did not include new proposals for highly targeted tax subsidies aimed at reducing the use of carbon-based fuels by encouraging “green” energy. The tax breaks were missing in large part because […]

Carbon Taxes: The Levy (Some) Conservatives Love

You know the Washington Rule: Liberals will never support spending cuts and conservatives will never back tax increases. Yet, there is one new levy that at least some on the right do support—a carbon tax. Backing for this idea has popped up in some interesting places. Most recently, the American Enterprise Institute included it in a […]