It’s time for an approach to global climate policy that can win support from all sides of the political spectrum, create effective long-term incentives for energy innovation, and use the strength of the market to curb the effects of climate change on a global scale.
Virtually all knowledgeable economists and policy experts agree that the cheapest and most effective way to reduce carbon is to put a price on it. Doing so would make all business and personal investment and consumption decisions reflect the anticipated external costs to society of the emissions resulting from those actions.
The majority of Americans (in both parties) agree that climate change is a problem that we ought to face head-on. Now is the time for a free market, pro-growth climate solution.