January 17, 2013

Congress Feels Heat on Carbon Tax

Coral Davenport, National Journal

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Moments after the fiscal-cliff deal passed the House on New Year’s Day, Grover Norquist, the powerful antitax lobbyist, tweeted, “Obama’s budget adds ten trillion more debt. We cut more spending or he smashes average Americans with energy taxes. I vote: cut his spending.” Here’s what Norquist was getting at.

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TAGGED: Carbon Tax


Carbon taxes are in vogue. Economists’ predilection for price signals as the universal solution has fused with environmentalists’ impulse to punish Big Oil and Big Coal to make carbon taxes the darling of the ... more ››