For the second time since the last U.S. election, there’s a growing effort to impose a carbon tax on Americans. Surprisingly, this effort is being led not by the environmentalist left, but by conservative organizations and a small group of Republican legislators.
The timing is certainly interesting, given that the United States this year posted the largest year-over-year decline in greenhouse gas emissions of any advanced economy, according to the International Energy Agency’s annual survey of global carbon greenhouse gas (GHG) emissions—and has now seen emissions fall for three consecutive years.
