The Four Best Arguments for a Carbon Fee

  1. A fee on carbon fuels is the simplest and least expensive way to reduce greenhouse gas emissions.
     
  2. A fee would produce revenue needed to reform the tax code, a goal for both major parties, and simultaneously reduce taxes that constrain economic growth, thus promoting job creation.
     
  3. Revenue could also be used to fund infrastructure repair, invest in research and development, help coal-dependent communities, or address other national priorities.
     
  4. A carbon fuels fee could enable the U.S. to meet and exceed its Paris targets, while the Clean Power Plan and all other existing and planned GHG regulatory programs put together probably cannot.