Carbon Tax? Cap and Trade? How About Both?

Some environmentalists want to choose the worst of both worlds.


Conservatives always fret that if we instituted a replacement for the income tax, like the Fair Tax, without repealing the federal income tax, eventually we would end up with both. I couldn't help thinking about that when I saw this article on the fine WorldChanging site that addresses the issue of whether it's better to have an expensive cap-and-trade system to deal with carbon emissions or an expensive carbon tax. Hey, why not both! Hoo-boy...