The Imminent Prospect of a Very Bad Idea: A Carbon Tax

At the end of 2023, Congress had four different pieces of proposed legislation directed at creating a carbon tax; three had bipartisan support. Thus, bookmakers see a rising prospect for some form of carbon tax. We return to unbundling why that’s such a bad idea, and the flaws in claiming that it would unleash “market forces” to create alternatives. For a summary of the state of the bad idea see The Carbon Tax Cliff, City Journal, Mark P. Mills, January 3, 2024.

Om Podcasten

The Last Optimist is hosted by Mark P. Mills—author, businessman, physicist, contributing editor to the City Journal, and distinguished senior fellow at the Texas Public Policy Foundation—and features discussions about inventing our future. Mark's latest book is “The Cloud Revolution: How The Convergence of Emerging Technologies Will Unleash the Next Economic Boom and a Roaring 2020s.