Far from killing jobs, this policy would create jobs and protect lives. When House Speaker John Boehner asks, "Where are the jobs?", advocates of market-based emissions-reduction policies can point to this study and say, "Right here!"
So Democrats may have to come up with a new narrative. They can not flourish by promising to be the party that raises taxes and makes cuts to popular programs, even if they succeed in inheriting the Republican's former mantle as the party of fiscal responsibility.
In last weekend's New York Times, conservatives Rep. Bob Inglis (R-S.C.) and Arthur Laffer had an op-ed claiming that a revenue-neutral "tax shift" would make conservatives "the new administration's best allies on climate change." Color me skeptical.