Is this right? Only 2 of the democratic candidates for president have come out in favor of carbon taxes? Only Delany seems to have made it a key platform. I’ve never been a big climate change hawk before but, while I’d really love to have many of the social programs the dems are proposing, we’ve got to deal with global warming sometime and, unlike all the other priorities, this one gets much more expensive the longer we wait.
So waiting on global warming means less money in the future to fund the social programs we want and harms that might offset them. A carbon tax now means revenue that we could spend on desired social programs.
Yes, I know other candidates have supported funds for R&D, renewables etc.. but, c’mon, that’s just a gesture. The government doesn’t have the money, absent a huge tax hike in which case just tax carbon, to subsidize renewables enough to make fossil fuels more expensive across the board given their superior energy density and existing infrastructure.