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Exxon Mobil Corporation Message Board

  • bluecheese4u bluecheese4u May 8, 2013 2:45 PM Flag

    Sen. Baucus pushed to back carbon tax

    Sen. Baucus pushed to back carbon tax

    Ben Geman - 05/08/13 11:20 AM ET

    The Washington Post’s editorial board is urging retiring Sen. Max Baucus (D-Mont.) to back carbon taxes in the wider tax code overhaul that the powerful Finance Committee chairman wants to achieve.

    The Post’s new editorial calls a carbon tax “an elegant policy Congress could immediately take off the shelf.”

    It’s not the first time the paper has backed the idea. But ThePost’s latest push could buoy a loose collection of policy wonks and climate activists seeking any traction in their steep uphill climb in favor of carbon taxes.

    E2-Wire looked at the against-the-odds push in detail here.

    The Post, for its part, both makes the case for a tax and notes the long odds, calling it “one of the best ideas in Washington almost no one in Congress will talk about.”

    From The Post:

    It would make polluters pay for their own pollution, which is the best way to encourage greener thinking. It would cut emissions without overspending national wealth on grandiose central planning or command-and-control regulation. And it would raise revenue, which lawmakers could use for debt reduction, lowering other taxes, improving the social safety net or some combination.

    The paper urges lawmakers to read the recent, wide-ranging energy tax policy paper that the Finance Committee staff recently released.

    The Finance Committee discussion paper describes carbon tax proposals among a slew of other policy ideas, but doesn’t endorse anything.


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