Carbon Tax: Political Poison for Conservatives, Libertarians

By -- May 8, 2018 No Comments

[Editor note: This is a repost from Marlo Lewis, Jr.’s piece from last year, published at the CEI blogsite. It is particularly relevant given the increasing isolation of R Street and the Niskanen Center in the climate-change debate.]

“… it is untrue that conservatives have been trying to beat something with nothing. Our “something” is climate realism and an energy sector free to power a growing economy because government eschews all forms of market favoritism.”

“The 2016 elections have given conservatives and free marketers an unexpected and rare opportunity to help a bold president change the direction of national policy. We squander that opportunity if we instead legitimize the progressive movement’s anti-fossil fuel crusade and promote an economically-destructive tax that would actually grow government under the pretense of streamlining it.”

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Josiah Neeley’s Latest CO2 Tax Argument (real conservatives, libertarians will not be persuaded)

By Robert Bradley Jr. -- May 3, 2018 20 Comments

“Substituting CO2 taxation for existing levies is not the tax debate from the conservative/free market side. The debate is about the flat tax versus a consumption tax as fundamental tax reform. And, hypothetically, if Malthusian decarbonization were to come about, what would be revenue-neutral?”

“In Neeley’s defense, he switched sides assuming that Obama energy policy would continue at the federal level. That way, he could argue [in his lucrative new position] that a CO2 tax was the least worst policy compared to cap-and-trade and existing command-and-control (still a weak argument). But Trump won, and the tide went out… [leaving] Neeley exposed an energy/climate progressive (statist).”

“The conservative/libertarian position is to not price or otherwise regulate carbon dioxide. Eliminate intervention, do not introduce it. Reject Mathusianism’s ultimately anti-humanistic, deep-ecology worldview.”

In “Confessions of a former Carbon Tax Skeptic,” Josiah Neeley of the pretend free-market R Street Institute, pens his latest case for supporting a federal tax on carbon dioxide (CO2).

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The Craziest Regulatory Episode in US History: The 1970s Oil Reselling Boom

By Robert Bradley Jr. -- April 25, 2018 2 Comments

“When President Reagan decontrolled prices in January 1981, the regulatory arbitrage was over…. The strangest regulatory episode in US history was done.”

Economist Robert Murphy has summarized what I believe is the most unique, confounding, consequential regulatory episode in American history in his piece: “The Crazy Crude Oil Price Controls of the 1970s.” [1]

Yes, it happened some decades ago. But if you want to know why no economist in recent history has espoused price controls for crude oil and petroleum products, this experience rings loud today.

Basically, a large group of opportunistic middlemen seized profits that federal price and allocation regulation kept from the rightful industry parties (wellhead producers, in particular). It is the story of the unintended consequences of government intervention. Or entrepreneurial gaming in the face of regulatory constraints (with positive social outcomes in this case)–what Israel Kirzner called superfluous entrepreneurship.

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Exchange with a Climate Alarmist at R-Street: Part I

By Robert Bradley Jr. -- April 18, 2018 4 Comments

[Editor note: This exchange at the R-Street Institute website (no longer visible) is posted here and here.]

“From the Club of Rome to the present–with scientific models and articles in Science magazine from the ‘consensus’–the verdict has been wrong, wrong, wrong, and trending wrong. And this is before even considering (non-libertarian) public policy of taxes, tariffs, equity adjustments, private/public cronyism, etc.”

So why have neo-Malthusian natural scientists been so incorrect for so long? We have nearly a half-century of (falsified) doom-and-gloom.

Josiah Neeley of R-Street, once a critic of climate alarmism and wind power (see yesterday), is now desperately trying to make a case to libertarians and conservatives that the climate is in crisis and a carbon tax (and all the global government that goes with it) is necessary.

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Attack on Tom Stacy: “No Good Deed Goes Unpunished” (anti-wind effort smeared by crony environmentalist)

By Robert Bradley Jr. -- April 11, 2018 4 Comments Continue Reading

On Energy Cost Trends (applying caution to the big talk of energy transformation)

By -- March 29, 2018 No Comments Continue Reading

Twenty-One Bad Things About Wind Energy — and Three Reasons Why

By -- March 22, 2018 49 Comments Continue Reading

Chennai, India’s Cold Winter vs. Global Warming Hype

By Vijay Jayaraj -- March 21, 2018 4 Comments Continue Reading

Epstein, White to US EPA (a great six minutes in San Francisco!)

By Robert Bradley Jr. -- March 9, 2018 1 Comment Continue Reading

DeSmog Blog: Guilty as Charged (‘hit’ profile looks good to me)

By Robert Bradley Jr. -- March 7, 2018 7 Comments Continue Reading