Can a carbon tax ever work as a conservative solution?
Representatives from the Heartland Institute, Heritage Foundation, R Street Institute and Energy and Enterprise Initiative gathered last week at the FHI 360 Conference Center in Washington to debate whether conservatives should support a carbon tax.
Those in favor argued that the tax could “substitute” for reduced taxes on income and fewer regulations, while those opposed pointed to the “pixie dust” belief that the federal government would ever make such an exchange.
Andrew Moylan, an R Street Institute senior fellow, argued that conservatives should support a carbon tax if is “legitimately revenue-neutral,” “eliminates existing taxes” and “is combined with legitimate regulatory pre-emption to avoid layering a carbon taxation regime on top of a carbon regulation regime.”
