Libertarian comments on Climate Crisis Democratic Staff Report

Excerpt

Swapping a carbon tax for regulations has, for a decade or more, been seen as a way to win Republican support for a carbon tax … It provides a model for conservatives and Republicans to fully participate in the climate debate. Republicans, wary of expanding the administrative state, might favor a policy that encourages the private sector to decide how to decarbonize its operations cost-effectively, and business will support the policy stability instead of the uncertainty that comes with regulations.