CARBON TAX : WHYWENEEDIT
The reason why we need a carbon tax is not just because it creates higher prices which will force consumers to use less fossil fuels—which is what everyone is arguing about. As we all know, gas prices are already high. People are starting to cycle, walk and use transit more and SUV sales are down. But if we just let oil companies raise prices, they simply pocket record profits. A carbon tax puts revenue into government where it can be used to lower income taxes. Almost no-one is talking about the most important reason why we need a carbon tax. It’s because a carbon tax puts a price on polluting our atmosphere. It does it equitably across our whole economy, in the least bureaucratic and most efficient way. It is the key to making renewable energy more competitive. By never having to pay the cost of dumping emissions into the air, fossil fuels have always been under-priced. Inevitably, a carbon tax done right will make the price of renewable energy lower than the price of fossil fuels. A...