Americans should not believe any pundit promising them that if they hold their nose and support a modest carbon tax, then progressives will agree to laissez-faire in the rest of the economy
With the Paris “climate negotiations”—which make it sound as if diplomats are bargaining with Zeus—underway, Americans get to suffer a stream of pundits and political officials telling them what a no-brainer it is for the U.S. to participate. Indeed, President Obama’s own remarks would lead Americans to believe that a deal emerging from the conference will “save our planet” (his actual phrase), and some vocal analysts have been saying that a carbon tax will not only reduce emissions, but boost the economy.
