|
The CAFE standards are more distortion than tax.
93LegendTi. I don't think I disagree with what you quoted. There is a regressivity to carbon taxes that is not great. The imposition of the tax itself would have some adverse economic harm.
What is missing, or wrong with what is quoted, is the false premise that not imposing the tax means not imposing a cost on society. The question should be, could a carbon tax, warts and all, lead to a net improvement.
I will also stress that I framed this as a comparison to CAFE standards, but the question of good or bad is clearly legit.
And yes, this topic is political, but I think it can be non-partisan. Maybe not, but maybe. There are Dems and Reps who both support and oppose carbon taxes.
|