04 Nov The Carbon Tax on the Ballot in Washington State Is Not the Right Way to Deal With Global Warming
Posted at 09:00h in Article
November 4th, 2016
By Naomi Klein
The imperatives of the climate crisis and the logic of economic austerity are at warand Washington State is on the front lines.
So-called “revenue-neutral” carbon pricingwhereby the proceeds are used to fund tax cutshas long been a cherished hobbyhorse of free-market economists and the odd Republican who favors climate action. It’s also the policy of choice for big polluters like ExxonMobil. And now this right-wing friendly model is being pushed in Washington State, thanks to Initiative 732.