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Carbon Tax

The climate crisis is a global collective problem that requires a collective global solution. Robust and bipartisan public policy must be at the center of any effort. Taylor argues that we can harness capitalism to mitigate global warming, and proposes a combination of legislation together with a carbon tax on producers. Taxing carbon at $45 a ton creates serious incentives for cities, corporations, and individuals to cut emissions. A carbon tax is a swift fix because it can pass more quickly than substantial regulations that may take years to go into effect.

Changing public opinion starts with changing the minds of thought leaders. Elite Republicans are thought leaders for their party, so it is paramount to convince them that risk-management on climate change is essential for human survival on Earth. Many conservative leaders acknowledge reality, but there is currently no political window for change. Taylor and the Niskanen Center are working behind the scenes to ensure Republicans and Democrats will pounce when the opportunity presents itself with a new administration in the White House.

Climate denial is mostly a psychological argument in the face of overwhelming facts and scientific consensus. It is a reaction to left-leaning environmental activists, who many on the right believe are anti-industry, anti-fossil fuel, and anti-consumerist. Deniers believe that the climate change movement exists to attack the free market instead of to mitigate global warming. Accepting the facts and evidence of a warming planet is critical for passing bipartisan climate change legislation.

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Jerry Taylor is the President of the Niskanen Center. Prior to founding the Center in 2014, Taylor spent 23 years at the Cato Institute, where he served as director of natural resource studies, assistant editor of Regulation magazine, senior fellow, and then vice president. Before that, Taylor was the staff director for the energy and environment task force at the American Legislative Exchange Council (ALEC).

Over the past two decades, he has been one of the most prominent and influential conservative voices in energy policy in Washington. He is also the author of numerous policy studies and has testified often before Congress.

You can follow him on Twitter @Jerry_JTaylor