12.30.2008

MORE VOICES IN FAVOR OF A CARBON TAX

When a key member of Reagan's economic team and a Republican congressman from South Carolina advocate for a tax, you know you're onto something: "An Emissions Plan Conservatives Can Warm To." [Link courtesy of Greg Mankiw's blog.]

This makes sense on so many fronts: environmental, economic, geopolitical. Throw in the political aligning of stars: new administration, economic challenges, high gas prices followed by plummeting gas prices. In other words, this is the right thing to do, and the right time to do it.

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