In the most recent issue of the Milken Institute Review, I revisit the conservative case for deep decarbonization … and a carbon tax as the best means of getting there. While I re-plow some of the ground I covered in my 2015 paper, The Conservative Case for a Carbon Tax, I also open up new arguments about the cost-benefit case for decarbonization, the increasingly bright prospects for economically competitive low-carbon energy, the shortcomings of various alternatives to carbon taxation, and the political case for a Republican pivot away from climate denial.
The essay is a layman’s version of a more detailed study that is in the works. Comments and suggestions are welcome.