Should conservatives get behind a carbon FairTax?

Published February 8, 2017 7:06pm ET



So, is President Trump going to institute a carbon tax? Several former Republican officials are lobbying him to do just that, Bloomberg reports:

A group of prominent Republicans and business leaders backing a tax on carbon dioxide were taking their case Wednesday to top White House aides, including chief economic adviser Gary Cohn.

The group, including former Treasury Secretaries Hank Paulson and James Baker, is pressing President Donald Trump to tax carbon dioxide in exchange for abolishing a slew of environmental regulations…”We know we have an uphill slog to get Republicans interested in this,” Baker said before heading to the White House. But “a conservative, free-market approach is a very Republican way of approaching the problem.”

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