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Articles by Ryan Avent

Ryan Avent is a freelance economics writer living in Washington, D.C. He blogs at ryanavent.com, and at The Economist's Free Exchange.

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Cross-posted from The Bellows.

One of the things about politics is that solutions always seem easier to implement and more promising before they stand a real chance of being implemented. People who have for one reason or another fallen in love with the idea of a carbon tax watch the difficulty Congress is having negotiating a passable climate bill and ask why we don’t just pass a carbon tax. It would be so easy! It’s just a tax! Pass it, price carbon, and bada bing, you’re done.

But of course, a carbon tax looks like a clean, simple option at the moment because no one is invested in securing protections or advantages for themselves because a carbon tax isn’t on the table. The moment it looked as though Congress might actually consider and pass a carbon tax, every single interest that has pushed for free carbon credits or other assistance would take on the carbon tax, demanding exemptions or offsetting subsidies of some kind, and generally producing the exact same kind of mess for a carbon tax bill that we have now with a cap-and-trade bill.

It’s worth thinking about this when reading things by people supportive of geoengineering... Read more

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