Monday, January 22, 2018
Opinion

Column: A conservative plan on climate

You're a conservative who thinks it's time to offer a solution on energy and climate. You're not alone.

Thousands of conservatives like you are ready to enter the competition of ideas, ready to change what we tax, ready to unleash the power of free enterprise. You might be motivated by the hope of tax reform or by the search for an alternative to EPA regulation of CO2 or the by dream of lighting up the world with distributed energy. Whatever your motivation, there's a credible conservative movement waiting to be joined.

If your motivation is tax reform, you have many allies who are hoping that Rep. Dave Camp, R-Mich., and Sen. Max Baucus, D-Mont., will be successful in their attempts to overhaul the tax code. There are others who believe that Camp and Baucus will be successful when tax reform is combined with an overall plan to address our structural deficit. Either way, the opportunity is the same — to change what we tax.

The potential to unify conservatives on this point is huge. What conservative wouldn't jump at the opportunity to un-tax income and tax almost anything else? If we were to start taxing carbon pollution, we could lighten up on the taxation of income. Art Laffer, President Ronald Reagan's economics adviser, has called this kind of tax swap a "no brainer."

Conservative economists point out that this sort of Pigovian tax swap (named after English economist Arthur Pigov, 1877-1959) should be set at the marginal harm caused by the carbon pollution — not higher, not lower. In this way polluters would be held accountable for the actual harm they're causing, and their products would be accurately judged in the marketplace. Fuels shouldn't be singled out for special shaming, nor should they be allowed to get away with socializing their costs while privatizing their profits.

It's essential that any tax on carbon pollution be designed to avoid harm to the economy and to avoid an actual increase in global emissions. That's why any carbon tax should be made border-adjustable so that the tax is rebated on exports and imposed on imports from countries without an equivalent tax on carbon.

If carbon is taxed only domestically, energy prices would rise here relative to countries without a price on carbon, production lines would be moved to those more energy-intensive countries and global emissions would actually rise. America would be the double loser.

This is where you can find common cause with conservatives who wish for something better than command-and-control regulation. Recently, the EPA announced proposed regulations for new power plants. Conservatives know that regulations are the worst possible way to attempt to curtail CO2 emissions. Litigation will be filed to block the implementation of the proposed rules. If the administration succeeds in that slog of litigation, it will have clumsily priced carbon via regulation but only domestically.

In the midst of the Great Recession, cultural norming has kept conservatives like you from speaking out in support of a tax swap. There's been a fear of being cut off from the conservative community if one joins 97 percent of climate scientists in saying that climate change is real and human-caused. Cultural norming has cowed others into remaining silent about the health impacts of the soot that comes from old-style burning of fossil fuels. Even if the climate costs were zero, it would make sense to do a tax swap that un-taxes a good thing like income and puts a tax on particulate emissions.

Maybe you've noticed, though, that fewer and fewer conservatives are saying that climate change is hooey. Many have migrated into the camp of those who say that climate change is real, even if they're not ready to say it's human-caused.

And maybe you've noticed what happens when the subject of climate change comes up in a room-full of conservatives. Invariably, there's a loud mouth or two who spout the "hooey" line. But when you look around the room you see the faces — of the young conservative who wants her party to be relevant to her future, of the hunter and the angler who know that things have changed, of the libertarian who passionately believes in accountable marketplaces and of the entrepreneur who sees dollar signs in consumer-driven energy innovation. Looking at those faces, you can be sure that you're not alone.

Bob Inglis directs the Energy and Enterprise Initiative based at George Mason University. Inglis, a Republican, represented South Carolina's Fourth District in the U.S. Congress from 1993-1999 and from 2005-2011. He wrote this exclusively for the Tampa Bay Times.

Comments
Editorial: Look hard into Tampa Bay and Pinellas CareerSource CEO, and get to the bottom of the numbers and the money

Editorial: Look hard into Tampa Bay and Pinellas CareerSource CEO, and get to the bottom of the numbers and the money

Something is seriously amiss at Tampa Bay’s two CareerSource agencies, which receive millions in federal and state money to match unemployed workers with local employers. First, the agencies appear to be taking credit — and money — for job placements...
Updated: 7 hours ago

A Chicago Tribune editorial: Shut down this shutdown habit

"Shutting down the government of the United States of America should never ever be a bargaining chip for any issue. Period. It should be to governing as chemical warfare is to real warfare. It should be banned."— Lamar Alexander, R-Tenn., addressing ...
Updated: 7 hours ago
Editorial: Beware of social media targeting kids

Editorial: Beware of social media targeting kids

Ignoring all available evidence that screen time and social media exposure can be harmful to kids, Facebook recently unveiled a new messaging app targeting children under 13. It’s yet another battlefront for parents who have to constantly combat the ...
Published: 01/21/18
Editorial: Too soon for Tampa Bay to settle for buses over light rail

Editorial: Too soon for Tampa Bay to settle for buses over light rail

The good news on the transportation front is that Tampa Bay’s government and business leaders are working together like never before to connect the region’s largest cities, attractions and employment centers with a more robust mass transit system. Th...
Published: 01/20/18
Editorial: Saying ‘thank you’ helps Tampa police build needed trust

Editorial: Saying ‘thank you’ helps Tampa police build needed trust

The smiles, applause and at least one hug belied the grim impetus for a gathering last week at a neighborhood center in Tampa — the Seminole Heights killings.The Tampa Police Department held a ceremony to thank those who helped in the investigation t...
Published: 01/19/18
Updated: 01/21/18
Editorial: Criminal charges should finally wake up FSU fraternities to hazing’s dangers

Editorial: Criminal charges should finally wake up FSU fraternities to hazing’s dangers

The death last fall of a 20-year-old Florida State University fraternity pledge revealed pervasive dangerous behavior within the school’s Greek system. Andrew Coffey, a Pi Kappa Phi pledge, died from alcohol poisoning after an off-campus party, and a...
Published: 01/19/18

Editorial: Confronting racial distrust in St. Petersburg, one conversation at a time

The St. Petersburg Police Department’s heavy presence in Midtown on Martin Luther King Jr. Day and the community animosity it stirred have raised a familiar, troubling question: Can St. Petersburg’s racial divisions ever be reconciled?That big ideal ...
Published: 01/19/18
William March: Tampa Bay Democrats line up for state legislative races

William March: Tampa Bay Democrats line up for state legislative races

A surge of Democrats seeking local legislative offices and hoping for a "blue wave" in the 2018 election continued last week, led by Bob Buesing filing to run again versus state Sen. Dana Young, R-Tampa.In addition:• Heather Kenyon Stahl of Tampa has...
Published: 01/19/18

Editorial: State’s warning shot should get attention of Hillsborough schools

The state Board of Education hopefully sent the message this week with its warning shot about the slow pace of the turnaround at Hillsborough County’s low-performing schools.The board criticized the school system for failing to replace administrators...
Published: 01/18/18
Updated: 01/19/18
Editorial: More talk, answers needed on future of USF St. Petersburg

Editorial: More talk, answers needed on future of USF St. Petersburg

The Florida Legislature’s abrupt move to strip the University of South Florida St. Petersburg of its hard-earned separate accreditation and transform it back into a satellite of the major research university lacks detail and an appreciation for histo...
Published: 01/18/18