Quantcast
Environmental News for a Healthier Planet and Life

Help Support EcoWatch

Carbon Tax: A Good Idea, Even if It’s From Republicans

Climate

A group of former Republican officials (including James A. Baker, Henry Paulson, George P. Shultz, Marty Feldstein and Greg Mankiw) are proposing a carbon tax starting the tax at $40 per ton, that would gradually increase.

The proceeds of the tax would be distributed to every American.

The average family of four would receive $2,000 annually in dividends. As the tax rises, so would their dividends. Since everyone would receive the same amount of revenue from the tax regardless of their income level, the dividend would make a bigger difference for poorer families than for wealthier ones.

It's a win-win: Less carbon in the atmosphere and more equal distribution of income.

That it's being proposed by Republicans doesn't make the idea any less worthy.

I'm aware that some on the left would rather use revenues from such a tax to invest in clean energy and other social causes rather than return the revenues directly to the public. That detail can be worked out.

The idea is getting a hearing in the White House. And in these dreadful times, that's good news indeed.

EcoWatch Daily Newsletter

Scientists say that a record-breaking Arctic heat wave was made 600 times more likely by the man-made climate crisis. PBS NewsHour / YouTube

The record-breaking heat in the Arctic saw temperatures soar above 100 degrees for the first time in recorded history. Now, a new analysis has put to rest any notion that the heat was caused by natural temperature fluctuations.

Read More Show Less
Commuters arrive at Grand Central Station with Metro-North during morning rush hour on June 8, 2020 in New York City. Angela Weiss / AFP / Getty Images

By Taison Bell

"Hospital Capacity Crosses Tipping Point in U.S. Coronavirus Hot Spots" – Wall Street Journal

This is a headline I hoped to not see again after the number of coronavirus infections had finally started to decline in the Northeast and Pacific Northwest. However, the pandemic has now shifted to the South and the West – with Arizona, Florida, California and Texas as hot spots.

Read More Show Less
Trump first announces his proposed rollback of the National Environmental Policy Act in January. NICHOLAS KAMM / AFP via Getty Images

President Donald Trump announced the final rollback of the "Magna Carta" of U.S. environmental laws on Wednesday, The New York Times reported.

Read More Show Less
These seven cookbooks by Black chefs have inspired the author's family. LightFieldStudios / Getty Images

By Zahida Sherman

Cooking has always intimidated me. As a child, I would anxiously peer into the kitchen as my mother prepared Christmas dinner for our family.

Read More Show Less
Hand sanitizer is offered to students during summer school sessions at Happy Day School in Monterey Park, California on July 9, 2020. FREDERIC J. BROWN / AFP via Getty Images

The Food and Drug Administration (FDA) has expanded its list of potentially toxic hand sanitizers to avoid because they could be contaminated with methanol.

Read More Show Less
Over the next couple of weeks, crews will fully remove the 125-foot-wide, 25-foot-tall dam, allowing the Middle Fork Nooksack to run free for the first time in 60 years. Ctyonahl / Wikimedia Commons / CC by 3.0

By Tara Lohan

The conclusion to decades of work to remove a dam on the Middle Fork Nooksack River east of Bellingham, Washington began with a bang yesterday as crews breached the dam with a carefully planned detonation. This explosive denouement is also a beginning.

Read More Show Less

Trending

A man observes a flooded stretch of Dock Street in Annapolis, Maryland on Jan. 25, 2010. Matt Rath / Chesapeake Bay Program

The National Oceanic and Atmospheric Administration (NOAA) said Tuesday that a trend of increased coastal flooding will continue to worsen as the climate crisis escalates.

Read More Show Less