Will carbon rule prod gridlocked Congress to act on climate change?
“Congress could have legislated this problem away many times … but obviously that hasn’t happened,” said Andrew Moylan, executive director of the R Street Institute, a conservative think tank that favors taxing carbon over “extraordinarily expensive” regulations…
…The R Street Institute is supportive. The group has been pitching a national “tax swap” that would create a fee on emissions while cutting tax rates on income, as a way to shape climate policy toward conservative principles.
“So basically a state-level equivalent of the [national] revenue-neutral carbon tax as a substitute for regulation,” Moylan said. “We think that’s the right sort of path forward.”
