Idea of the Day: We Should Have a Progressive Carbon Tax
Superstorm Sandy. Massive droughts. Devastating tornadoes. Horrific wildfires. The United States has certainly seen the dramatic weather-related effects of climate change in 2012, and every American has in some way been negatively impacted. Unfortunately, unless we start taking action now to curb the greenhouse gas pollution that’s causing this extreme weather, things are only going to get worse. Depending on which actions we choose to take, this year will either be the new normal or it will be a glimpse into a future where conditions are much, much worse.
Progressive leaders across the country are beginning to take action and look for ways to fight climate change. President Barack Obama is using provisions of the Clean Air Act to reduce pollution from new power plants. California and some Northeastern states—Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont—have regional programs that put a price on carbon dioxide and other greenhouse gas pollutants in the hope of reducing their usage. These are powerful steps in the right direction, but they alone cannot solve the challenge of climate change. Avoiding the most catastrophic consequences of global warming will require much broader action.
There are several ways that the United States could make a significant contribution to the global fight against climate change. We could take President Obama’s action on new power plants to the next level and use the Clean Air Act to reduce pollution from existing power plants and other major sources of emissions. The existing regional programs that charge a fee for pollution could be strengthened and broadened to cover more of the country, or Congress could get involved and put a nationwide price on carbon by creating a carbon tax.
For more on this topic, please see:
- A Progressive Carbon Tax Will Fight Climate Change and Stimulate the Economy by Richard W. Caperton
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