Al Gore: Now Is The Time For A Carbon Tax
Former Vice President Al Gore published a blog post on his website entitled “‘The time has come’ for a carbon tax,” which includes excerpts from an editorial from the Financial Times which endorses a carbon tax.
“Taxes are always a regrettable necessity, but some are less regrettable than others,” the FT editorial reads. “A tax that strengthens energy security and cuts pollution, while minimising the damage done to employment and investment, is one of the least regrettable of all.”
“Yet a carbon tax, which has all those characteristics, is struggling to find support from the US administration or in Congress,” the editorial continues. “It deserves much wider enthusiasm.”