Climate Change Legislation: The Inevitable Comes Home Posted by Lorelei Kelly

On April 19, Representatives John D. Dingell (D-MI) and Rick Boucher (D-VA) made public the responses of more than 70 industry groups, non-governmental organizations and labor unions to a letter from the Energy and Commerce Committee, soliciting recommendations on prospective climate change legislation.

The committee has set out to write a mandatory greenhouse gas control measure and asked organizations with a strong interest in climate change legislation to comment on a series of questions. See this link for the letter and to click to the responses--a wealth of information and opinions on the issue. I haven't read them all, but nobody's seems to be denying it anymore.

Comments

[Jerry Mayer]

I'm glad they are doing something, I just wish it wasn't something as suboptimal as CAFE standards. The way to effectively regulate automobile carbon emissions is a gas tax. CAFE standards are bureaucratic, ie, expensive in a regulatory sense, and they do not employ market forces. A gas tax, by contrast, harnesses the brutal efficiency of marginality, as millions of consumers make choices among vehicles of varying MPGs and capabilities. Also, unlike a CAFE, it goes on shaping market behavior after the purchase of the car. Even if you buy a guzzler, you are affected by the price of gasoline. CAFE is better than nothing, but it is so much worse than a gas tax. It reminds me of cap and trade vs. a carbon tax in industry, except cap and trade is even dumber, because of its higher regulatory cost. Gas taxes are among the most efficient taxes in the pantheon of revenue streams. Carbon taxes would be nearly so.
And yes, I understand that politically, a gas tax is, to quote the late Ev Dirksen, about as popular as crabs in a whore house. That doesn't change the fact that it would be the best way to get smaller, much more efficient vehicles on our highways. Here's one final reason--CAFE standards do NOTHING to take that gas guzzling 1974 Dodge Dart or 2001 Hummer off the roads. A gas tax, over time, does.

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