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by ecc47
2917 days ago
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As a conservative from the SF Bay Area, I support putting a price on carbon. I see this as an opportunity for Republicans to take a seat at the climate table and make sure that our voices are being heard. The gradual increasing tax that the Baker-Shultz plan proposes would incentivize companies to innovate and transition toward greener energy. Because this revenue-neutral tax would be passed on to consumers in the form of a monthly dividend, the economy would benefit because there will be more consumer spending. This Pigovian/correctional tax would help the free market in accounting for unforeseen individual costs/benefits. Additionally, about 70% of Americans would be net financial winners. Plus, the plan would make a lot of current regulations unnecessary, reducing the size of government. What's interesting to note is the fact that a lot of young conservative Republicans are supporting this (like the group Students for Carbon Dividends) revenue-neutral carbon tax. I think that as time goes on, the GOP will evolve and it won't be unusual for conservatives to address climate instability. |
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