From the editorial page:
The new Climate Leadership Council argues that conservatives should support a carbon tax because it is a more market-friendly approach than Mr. Obama’s regulations. And after a carbon tax is put in place, the council says, the government should eliminate most of those rules, since they won’t be needed. But there are legitimate fears that the tax alone might not achieve emission reductions on the scale needed to save the planet from out-of-control warming, and that regulations and other policies like public investments in renewable energy will be needed, too.
Neither President Trump nor Republicans in Congress have embraced the proposal. Many conservatives believe they’ll be able to dismantle Mr. Obama’s regulations through administrative, legal or legislative maneuvers, without compromising. Plus, many are philosophically opposed to, and politically fearful of, any new taxes.
Their dismissal of the council’s proposal is myopic and puts their party out of step with the country. A large majority of Americans want the government to address climate change — 78 percent of registered voters support taxing emissions, regulating them or doing both, according to a Yale survey conducted after the election. The Republican elders are offering their party an opening to change the conversation. It should take the cue.
Er, fake news?
Here is my previous post on the proposal.