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Carbon Tax: Miracle Solution to Cut Co2 Emissions

Editorial, The Washington Post | February 16, 2009

The attempt of the EU to cut Co2 emissions by setting up high emission targets has failed. ++ The US should draw conclusions from this example and consider alternative measures to fight climate change. ++ Yet, Sen. Boxer, who just released the 6 Principles for Global Warming Legislation, does not seem to have understood the lesson as she strongly advocates for a cap-and-trade regime. ++ The only solution is a carbon tax; not only "simple and sure in its effects," the money "could be given back to the American people."