|CARBON TAX SUPPORTERS|
Many scientists, elected officials, economists and business leaders support the idea of a tax on fossil fuels. Here is just a sampling of some of the things they have said.
"I fully understand that this
[taxing the carbon content of fuels] is considered politically impossible, but
part of our challenge is to expand the limits of what is possible."
"Carbon taxes would be a better
response to the risks of global warming than emissions caps and tradable
permits (commonly referred to as cap-and-trade)... [Carbon taxes] are much less
vulnerable to evasion and market manipulation, providing a more stable and
transparent system for consumers and industry alike. [Carbon taxes] do not
create the price volatility and administrative problems associated with cap and
"We also need to change
our tax system to reduce our oil dependence. In general, we ought to reduce
taxes on things we need, such as wages, and raise taxes on whatever is
dangerous to us, such as pollution and resource depletion. "
"An effective fossil energy
policy should include a tax on carbon emissions... Fuel taxes should encourage
conservation, but with rebates to taxpayers so that the government revenue from
the tax does not increase. The taxpayer can use his rebate to fill his
gas-guzzler if he likes, but most people will eventually reduce their use of
fuel in order to save money, and will spend the rebate on something else. With
slow and continual increases of fuel cost, energy consumption will decline. The
economy will not be harmed. Indeed, it will be improved."
"The most straightforward
and effective policy changes would include a carbon tax."
[The argument that taxes on oil
or carbon emissions would ruin an economy is] "fundamentally false. First of
all, I don't think [such a step] is going to have that much of an impact on the
economy overall. Second of all, if you don't do it, you can be sure that the
economy will go down the drain in the next 30 years."
"What's needed is a carbon tax
- a tax on all fossil-based fuels that reflects their true social, political,
and environmental costs."