Three alternative policies and taxes for climate change

The Environmental Protection Agency's mission to control greenhouse gases is long and complicated, write Adele Morris. But, there are three better ways to fight climate change.

Another alternative that’s getting attention in Congress: Offer states the option of enacting their own sensible carbon tax to avoid the convoluted regulations that otherwise would be required by the Clean Air Act. Legislation drafted by Rep. John Delaney (D., Md.) would offer states just such a powerful choice.

The bill would allow any state to sidestep EPA emissions standards, as long as the state adopts a tax on the regulated emissions that starts no lower than $20 per ton of CO2 and increases at least 4 percent over inflation each year. States can do whatever they want with the revenue, including lowering other state taxes.

http://www.csmonitor.com/Business/Tax-VOX/2014/0528/Three-alternative-policies-and-taxes-for-climate-change