Tag: Social Dividend

Sunday Train: Social Dividends and Carbon Taxation

Burning the Midnight Oil for Living Energy Independence

crossposted from Voices on the Square

One thing we will likely be hearing soon, once the election is over and attention inside the beltway returns to the regular programming of how to shrink the middle class and ensure that the resulting growing numbers of working poor are as miserable as possible, is the idea of including Carbon Taxes as a revenue raising component of a “Grand Bargain”.

This has been floated already. An “Ayres Law Group” “Policy Alert” from June of 2011 noted that this had been raised by the Center for American Progress, Economic Policy Institute, and Bipartisan Policy Institute.

A lot of people reading this are likely to suspect something is fishy when a firm that takes on “environmental” cases and has clients including oil companies is alerting their client of something, but alarm bells should really start ringing when the Alert notes:

This conclusion emerges from a series of studies recently funded by the Peter G. Peterson Foundation, an organization dedicated to creating public discourse about ways to address the country’s fiscal challenges.

If this notion of including the Carbon Tax as part of a “Grand Bargain” is passed through rather than stonewalled by one of the chief propagandists for the public deficit hysteria bullshit that has become a chronic infection in our mess media, it surely deserves some serious, critical, scrutiny.

tl;dr summary: No. Even more than that, HELL no. Opponents of the climate suicide of our industrial society who fall for this will have been well and truly suckered, as the German Greens supporting neoliberal fantasies and “responsible” fiscal policy were among the enablers of the austerity policies that are ravaging European economies as I write.