Hello carbon tax friends: On Tuesday I was invited to be on a King5 News ” climate debate” with Paul Guppy of the free-market Washington Policy Center, and what stands out for me from our discussions on and off camera (video here) is how much common ground there was. In some ways this is not surprising—Paul’s colleague Todd Myers is on the CarbonWA Advisory Board—but it’s still worth emphasizing how much we agreed on: that the climate is changing, that humans have something to do with it, and that smart market-based instruments like revenue-neutral carbon taxes are much better policy approaches than direct regulation.
“offset any cost impact to consumers and workers” (sales tax reduction)
“protect low-income households” (ditto, plus Working Families Rebate)
“assist energy-intensive, trade-exposed businesses” (B&O tax cut for manufacturers)
“maximize the benefits and minimize the implementation costs”
Those phrases are direct quotes from Governor Inslee’s executive order, and—despite the fact that the Governor seems to have his heart set on a complicated “cap-and-market” system—we think a BC-style carbon tax is the best way to create space for bipartisan climate action in Washington State and across the country.