The Carbon Tax Center applauds President Obama's proposal to cap emissions, use market forces to reduce emissions, and return revenues through payroll tax credits. The proposal, as outlined this week, is a huge step forward from the Lieberman-Warner pork-barrel cap-and-trade fiasco last year and moves the discussion...

For too long it has been conventional wisdom that while carbon taxes may be superior to cap-and-trade schemes, there is no way that politicians would ever support a new tax, even one that was revenue-neutral. Environmentalists who might otherwise be supporting a carbon tax because it could produce real reductions...

Before President-elect Obama's cabinet is named -- even before we know who the next Senators from Minnesota or Georgia will be -- jockeying for position on 2009 climate legislation is well underway on Capitol Hill. Detailed intellectual cases and functioning coalitions are getting built now, not just for the idea...