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Carbon Caper: Bogus Policy

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Carbon Caper: Bogus Policy

Steve Milloy, the publisher of JunkScience.com , writing for Investor’s Business Daily, and the Competitive Enterprise Institute’s Christopher C. Horner, writing in California’s Orange County Register, point out that a carbon tax:

• Would not significantly cut atmospheric carbon dioxide or affect climate

• Would raise prices of goods and services produced by burning fossil fuels

• Would give Washington more revenue to squander, even in “revenue-neutral” or “deficit hawk” guise, as some misguided voices on the right propose

• Would really be about establishing a huge, new revenue source to fund Big Government, a la Europe.