Future Hindsight

Carbon Tax The climate crisis is a global collective problem that requires a collective global solution. Robust and bipartisan public policy must be at the center of any effort. Taylor argues that we can harness capitalism to mitigate global warming, and proposes a combination of legislation together with a carbon tax on producers. Taxing carbon at $45 a ton creates serious incentives for cities, corporations, and individuals to cut emissions. A carbon tax is a swift fix because it can pass more quickly than substantial regulations that may take years to go into effect. Changing Public Opinion Changing public opinion starts with changing the minds of thought leaders. Elite Republicans are thought leaders for their party, so it is paramount to convince them that risk-management on climate change is essential for human survival on Earth. Many conservative leaders acknowledge reality, but there is currently no political window for change. Taylor and the Niskanen Center are working behind the scenes to ensure Rep