The U.S. is in a major recession with unemployment just shy of nine percent. Businesses are struggling and consumers are flocking in droves to purchase clearance items from retail shelves. So what is the most logical thing Congress can do to help this situation? That’s right – kick Americans while we are down by slapping yet another massive tax on businesses for their emission of carbon. And given that corporations are not in the business of paying taxes these revenues indubitably will be passed along and extracted from consumers, the same consumers who find themselves increasingly without jobs. Timing and brilliance are not the strong suits of these legislative entrepreneurs, but I digress.
Climate change is abstract and even more so during an economic downturn, while constituents are real. Congress may choose to pursue this legislation early in the new Administration’s term acting with a false sense of mandate by the electorate to do so, but it is exactly the wrong time to do it and its members know it. Not only is the issue not ripe as scientists find themselves exactly split on evidence demonstrating the level of manmade causation (if any) of global warming, but the economy cannot continue to absorb burdensome regulation the consequence of which is to further cripple business. Bottom line, constituents write letters and jam Capitol phone lines and melting glaciers do not. Until Mother Nature picks up a phone or puts a pen to paper this legislation is dead on arrival. To pass climate change legislation, Congress would need to figure a way to do it without adversely affecting their constituents or the votes simply will not be there for passage.
Second, the climate change notion is illogical, unnecessary, and upside down. The true way to achieve climate change is not through senseless and ineffective taxation that will saddle consumers, but rather via incentives for advanced technologies in the transportation sector, an expansion of renewable power generation throughout the United States, the modernization of the Nation’s electrical grid, and a commitment to clean nuclear power. Congress continues to refuse a comprehensive strategy for clean energy production and therefore will fail to achieve true emissions-reduction legislation as a result.
Climate change is real, there is no doubt and to argue otherwise is foolish. What is debatable, however, is the degree (if any) to which man is causing the change. I would argue that the truth of this debate is irrelevant if Congress focuses on policies that create jobs and reduce reliance on foreign sources of oil. By doing so, the Nation will reduce emissions dramatically without burdening consumers with yet another tax.
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