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James Taylor explains current efforts to distract us with a tricky proposal. A ‘Revenue Neutral’ Carbon Tax Is a Costly Myth. Excerpts in italics with my bolds.
The Wall Street Journal, Washington Post, and other media outlets are reporting that a bipartisan group of top economic advisors has signed a statement supporting a carbon dioxide tax that returns all revenue to the American people. Prominent signatories include Alan Greenspan, Paul Volcker, and Ben Bernanke. Expect this to be a big messaging point in the weeks and months ahead for global warming activists.
More atmospheric carbon dioxide and gradually warming temperatures have brought net benefits to human health and welfare. Yet economists like Greenspan and Bernanke, who received appointments from Republican presidents, often make the argument that they are not scientists and they are merely crafting the best economic solution to a problem that most scientists say we need to…
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