Moveon Pressures 2008 Candidates to Follow Dodd's Lead
by Matt Stoller, Wed Apr 25, 2007 at 10:06:15 PM EDT
The discussion on yesterday's 'Cap and Trade' scam post was fascinating. It occurs to me that we're really getting into substance on the liberal blogs - when was the last time you heard pundits on TV screaming at each other about a cap and trade system versus a carbon tax? Here's a follow-up with more info on why I prefer a carbon tax from the Carbon tax center. And here are Al Gore's recommendations, which includes both a cap on emissions and a carbon tax. He argues for an ELECTRANET, which would be 'a smart electricity grid that allows individuals and businesses to feed power back in at prevailing market rates,' as well as an SEC regulatory requirement to have companies disclose carbon emissions as a relevant 'material risk' on their corporate filings. Those are really compelling suggestions.
The big news is that Moveon is urging their members to contact the other Presidential campaigns and support a carbon tax. Here's what they quote from Dodd:
You cannot be serious about acting on the urgent threat of global warming, about making us less captive to Middle East oil, or investing in renewable energy, unless you have a corporate carbon tax that eliminates the last incentive there is to pollute--that it's cheaper.
Once again, the way to think about global warming on a policy level is to recognize that the ability to emit carbon into the atmosphere is a public commons and needs to be treated as such. A carbon tax is a way of pricing this ability appropriately. It's a useful and important tool that we need to begin discussing to seriously deal with the problem.