Enacting a Carbon Tax: How Do We Get There?

Abstract

The final chapter lays out a policy framework for building political support to enact a carbon tax. The framework can focus policymakers on the task at hand and instill discipline in the legislative process. The carbon tax should be revenue neutral, contribute to fairness in the tax system, streamline climate policy, and lead to significant emission reductions over time. The chapter goes on to explain why those are key elements of a policy framework through which bipartisan support for a carbon tax could be possible.