GOOD ADVICE: Don’t Believe the Hype About a Carbon Tax.

By taxing an economic input like energy production, government essentially taxes everything that we do, wear, eat, and use. History shows that this is all very destructive: Carbon taxes in Australia and British Columbia reduced standards of living, with Australia eventually repealing its carbon tax within just two years.

While proponents of the dividend approach, or even a revenue-neutral tax swap, claim this is a market-based, conservative plan, the truth is a carbon tax is based on highly questionable assumptions, leaving it as mainly a policy tool for social engineering with huge economic costs.

For most advocates, that’s a feature not a bug.