The U.S. Environmental Protection Agency (EPA) has announced that it will finalize a sweeping new regulation, the Clean Power Plan (CPP), to fight climate change–yet, the EPA admits the CPP will have no measurable impact on global temperatures. The main effect on major regions across the country will be either steeply rising electricity rates or potentially catastrophic shortages of electricity.
Energy & Environment
Does a carbon tax support prosperity?
Congress and state legislatures should not shackle prosperity with a carbon tax because it is based on flawed assumptions and results in costly economic and environmental effects. The key points are: A carbon tax is a government-set price on carbon dioxide emissions. An assumption for a carbon tax is the price paid for a final good does not reflect the supposed social cost...
April 30, 2018