According to a recent article in InsideSources–Grand Bargain—some republican stalwarts who subscribe to the climate orthodoxy want to “substitute all the contradictions, preferments, subsidies, tax anomalies and self-defeating rules with a simple, revenue-neutral carbon tax.” To promote this trade-off, they have created the Alliance for Market Solutions. It is claimed that the backers of the Alliance are “rock-ribbed Republican business executives, academics and think-tank fellows” who are committed to turning the GOP toward taking a positive stance on climate change.
People like John Graham, former administrator of OIRA and Chris DeMuth, former president of the American Enterprise Institute who are Alliance backers should know better than to take part in what only can be described as a legislative/regulatory bamboozle. Their Grand Bargain is another house of cards that has a non-existent foundation.
While no one disputes that human activities affect climate, claiming that the science has spoken is to be deaf to what it is actually saying. Climate advocates consider the IPCC to be the gold standard for the state of climate science. And yet, the IPCC can only make guesstimates about natural variability. Its estimate of climate sensitivity—the effect of doubling CO2 on global temperatures varies by a factor of 3 and fairly precise temperature measurements since satellite measurements that began in 1979 give every indication that climate sensitivity is no higher and probably lower than low end of the estimate—1 degree C. While evidence is getting stronger that the solar-climate link is not trivial, the IPCC has not given it weight of evidence that it deserves . Those are just a few of the factors that undermine climate certitude.
Before the Alliance gets too far with its lobbying and PR campaign, it should answer the following question. Why should anyone support a carbon tax when the US is already doing better in reducing CO2 emissions than the nations that are the biggest promoters of the Paris Accord?
Here is a chart from the 2018 BP Statistical Review of Global Energy–BP.
The real answer is the alleged trade-off is another Trojan Horse that hides an anti-fossil energy agenda and opens another door for Bootleggers and Baptists to pick the pockets of tax payers while pretending to be saving the earth from a climate apocalypse. The culture of corruption known as The Swamp would get even more entrenched if this or any other of the proposed carbon tax schemes actually would get enacted. The net effect would be virtually zero since the alleged connection is global emissions and temperature. And anyone who believes that a carbon tax would be or stay revenue neutral surely believes in unicorns and leprechauns. Revenue neutral carbon tax proposals are a scam!