• About
    • Which Energy Mix is this?
  • Climate News Network Archive
  • Contact
The climate news that makes a difference.
No Result
View All Result
The Energy Mix
  • Canada
  • Fossil Fuels
  • Ending Emissions
  • Cities & Communities
  • Electric Mobility
  • Heat & Power
  • Community Climate Finance
SUBSCRIBE
DONATE
  • Canada
  • Fossil Fuels
  • Ending Emissions
  • Cities & Communities
  • Electric Mobility
  • Heat & Power
  • Community Climate Finance
SUBSCRIBE
DONATE
No Result
View All Result
The Energy Mix
No Result
View All Result
  • Canada
  • Fossil Fuels
  • Ending Emissions
  • Cities & Communities
  • Electric Mobility
  • Heat & Power
  • Community Climate Finance
  FEATURED
BREAKING: Don’t Attend COP 28 Unless You’re There to Help, Figueres Tells Oil and Gas September 21, 2023
Thorold Gas Peaker Plant Won’t Be Built After Unanimous City Council Vote September 20, 2023
Indoor Heat Leaves Canadians Unsafe with ‘No Escape’, CBC Investigation Finds September 20, 2023
Agrivoltaics a Win-Win for Farmers, Communities, Solar Developers, and Alberta’s UCP September 20, 2023
‘Beginning of the End’ for Oil and Gas as IEA Predicts Pre-2030 Peak September 19, 2023
Next
Prev

Republican Elder Statesmen Call for Carbon Tax and Dividend

February 10, 2017
Reading time: 2 minutes

Third Way Think Tank/Flickr

Third Way Think Tank/Flickr

 
Third Way Think Tank/Flickr

A gradually increasing tax on carbon dioxide emissions, quarterly rebates to the American public, rebates to companies that export to countries with no equivalent carbon regimes, and elimination of regulations made redundant by the carbon tax are the cornerstones of a climate plan released earlier this week by what Time magazine describes as “a group of Republican elder statesmen”.

The group of Washington heavyweights includes Martin Feldstein, who chaired Ronald Reagan’s Council of Economic Advisors, N. Gregory Mankiw, who served the same role for George W. Bush, ex-secretaries of state James Baker and George Shultz, and ex-treasury secretary Henry Paulson Jr.

  • Be among the first to read The Energy Mix Weekender
  • A brand new weekly digest containing exclusive and essential climate stories from around the world.
  • The Weekender:The climate news you need.
Subscribe

“Mounting evidence of climate change is growing too strong to ignore,” the Climate Leadership Council writes, in an eight-page plan that hedges on the causes of climate change but still concludes that “the risks associated with future warming are too big to be ignored.”

“For too long, many Republicans have looked the other way, forfeiting the policy initiative to those who favour growth-inhibiting command-and-control regulations, and fostering a needless climate divide between the GOP and the scientific, business, military, religious, civic, and international mainstream,” the Council states. “Now that the Republican Party controls the White House and Congress, it has the opportunity and responsibility to promote a climate plan that showcases the full power of enduring conservative convictions.”

In a New York Times opinion piece, Feldstein, Mankiw, and Leadership Council CEO Ted Halstead say economists broadly support taxes as a solution for pollution. Under a carbon dividend plan, according to a U.S. Treasury Department study, “70% of Americans would come out ahead,” and “some 223 million Americans stand to benefit.”

The three authors note that 64% of Americans are concerned about climate change and 71% want their country to stay in the Paris Agreement. So “if the Republican Party fails to exercise leadership on our climate challenge, they risk a return to heavy-handed regulation when Democrats return to power.”

They also see the opportunity to use climate regulation as a teachable moment for their broader economic ideology. But if Republicans “do nothing other than reverse regulations from the Obama administration, they will squander the opportunity to show the full power of the conservative canon, and its core principles of free markets, limited government, and stewardship.



in Energy / Carbon Pricing & Economics

The latest climate news and analysis, direct to your inbox

Subscribe

Related Posts

CoCreatr/Flickr
Buildings & Infrastructure

Net-Zero Depends on Household Power Production, Energy Exec Argues

September 14, 2023
141
Pierre Poilievre/Facebook
Energy Politics

Poilievre Could Dial Back Canada’s Climate Gains, Globe Editorial Warns

September 12, 2023
501
Scott Beale/flickr
Energy / Carbon Pricing & Economics

What If Carbon Taxes Applied to Shareholders, Rather Than Consumers?

September 11, 2023
123

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Trending Stories

UN Climate Change/flickr

BREAKING: Don’t Attend COP 28 Unless You’re There to Help, Figueres Tells Oil and Gas

September 21, 2023
404
Kristoferb/Wikimedia Commons

Canadians Could Save $10.4B, Cut Climate Pollution by Replacing Central Air with Heat Pumps

August 28, 2023
810
/Piqusels

‘Beginning of the End’ for Oil and Gas as IEA Predicts Pre-2030 Peak

September 19, 2023
469
Asurnipal/wikimedia commons

Agrivoltaics a Win-Win for Farmers, Communities, Solar Developers, and Alberta’s UCP

September 20, 2023
171
Jon Sullivan/flickr

Thorold Gas Peaker Plant Won’t Be Built After Unanimous City Council Vote

September 21, 2023
592
Rennett Stowe/flickr

‘I’ve Been Ghosted,’ Rural Mayor Says, as Alberta Towns Push Back on Renewables Moratorium

September 8, 2023
1.9k

Recent Posts

Rewat Wannasuk/Pexels

Virtual Power Plants Could Cut Peak Demand 20%, Save U.S. Grid $10B Per Year

September 20, 2023
95
Jeremy Bezanger/Unsplash

Indoor Heat Leaves Canadians Unsafe with ‘No Escape’, CBC Investigation Finds

September 20, 2023
62
Wesley Fryer/flickr

Smart Thermostats Boost Grid Stability Amid Intense Heat

September 20, 2023
45
Cullen328/wikimedia commons

Manufactured Housing Could Dent the Affordable Housing Crunch with Energy-Efficient Designs

September 20, 2023
120
Mr Renewables/Wikipedia

Californians Fight for New Community Solar Plan

September 20, 2023
106
Plug'n Drive/Wikimedia Commons

Rural Carshares Ensure EV Push Leaves No One Behind

September 20, 2023
39
Next Post

Air conditioning drains US power supply

The Energy Mix - The climate news you need

Copyright 2023 © Energy Mix Productions Inc. All rights reserved.

  • About
  • Contact
  • Privacy Policy and Copyright
  • Cookie Policy

Proudly partnering with…

scf_withtagline
The Energy Mix - Energy Central
No Result
View All Result
  • Canada
  • Fossil Fuels
  • Ending Emissions
  • Cities & Communities
  • Electric Mobility
  • Heat & Power
  • Community Climate Finance

Copyright 2022 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.

Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}