Last month, the National Climate Assessment report did what the UN Intergovernmental Panel on Climate Change has repeatedly asked science bodies and journalists not to do, no matter how well they mean and how much they want to defend science: it claimed that that the impact of climate change is already being felt in the form of isolated weather events, such as drought, wildfires and heat waves.
And that mistake is being used to make policy.
Though American emissions of CO2 have already dropped dramatically due to the switch to natural gas, the Obama administration directed the Environmental Protection Agency to create new regulations limiting carbon emissions from power plants. Government fixing a problem that is already fixing itself despite government interference is bad, right?
Perhaps not. A report by Regional Economic Models, Inc., which creates customized economic impact studies for governmental and private-sector clients (Citizens Climate Lobby, in this case), says that a carbon tax won't be a tax at all, it will be a job creation engine. And it will reduce greenhouse gas emissions. It's another take on the common 'every $1 in taxes you pay leads to $1.30 in revenue' Keynesian mythology that has taken hold.
The report was created by simulating a tax on the carbon-dioxide content of fossil fuels. The tax would start at $10 per ton, increasing at $10 per ton each year. Then by redistributing the revenue from the tax would be returned to households in equal shares as direct payments, they claim it will somehow would add 2.1 million jobs over ten years. They also project that improvements in air quality would save 13,000 lives a year, though that number is more guess than evidence-based. Emissions would decline by 33 percent, they estimate.
"Detractors have said that a carbon tax will kill jobs," said Mark Reynolds, executive director of Citizens Climate Lobby, which commissioned the study. "The REMI study turns that assumption on its head."
Well, it contradicts economic history with a model. That isn't a refutation.
"If Republicans don't want more EPA regulations, their best recourse is to deliver a revenue-neutral carbon tax, which is supported by conservatives from George Shultz to Greg Mankiw," said Reynolds. "With the REMI study showing a carbon tax that returns revenue to households will add millions of jobs, this is the option everyone can embrace."
A copy of the paper can be downloaded here.
- PHYSICAL SCIENCES
- EARTH SCIENCES
- LIFE SCIENCES
- SOCIAL SCIENCES
Subscribe to the newsletter
Stay in touch with the scientific world!
Know Science And Want To Write?
- Getting Married
- The Three Cubes Problem
- Anomaly! At 35% Discount For Ten More Days
- Biomarkers Predict How Well People Age
- Debunked: World To End After Two Snowy Days In Salento, Puglia, Southern Italy, Tears On Macedonia Icon
- Lisa Long Leg: Vongehr’s Rational Free Speech Trump Cross For The Alt Right Revolution Of Love
- Magic Mushrooms And New Concern About Psilocybin Use
- "I don't know why my comment's formatting was lost in the transmission, so that it is now one big..."
- "“If you don't use probabilities then how else do you do it? At any rate that's not a criticism..."
- "Tomasso, Congratulations, may you enjoy a long and happy life together with Kalliopi! Best regards..."
- "Found another one : http://www.dailystar.co.uk/news/latest-news/545975/end-of-the-world-Gods-vengeance..."
- "Thanks :). Actually there are so many fake doomsday red top tabloid stories that I tend to wait..."
- Guardians of Truth: Mike Huckabee Lauds Us, We Ruin Things for RFK Jr., And More Media Links
- Massachusetts Becomes the 20th State Where Naturopaths Can Hurt You
- Turmeric- The New Superfood. Oops. Superfad.
- CRRREST Education: How to Fix America's Illiteracy Problem
- Massive California Rains Also Deliver Drought-Ending Hopes
- Ellie: A New De - (UV) - light for Germaphobe Parents