Last month it was revealed that a diverse group of stakeholders with political ties that cover the entire spectrum from left to right have been holding secret meetings about climate change with the support of the American Enterprise Institute, a conservative think-tank based in Washington D.C.
Climate change is an unavoidably, politically charged issue. These meetings are an attempt to discover ways to approach global warming in a politically viable manner. The July 2012 meeting was the fifth of such meetings, which are held secretly and speakers not revealed in order to facilitate true brainstorming, an open discussion where all sides could offer solutions without fear of reprisal.
The agenda for the most recent meeting, which was leaked online, was titled, “Price Carbon Campaign / Lame Duck Initiative: A Carbon Pollution Tax in Fiscal and Tax Reform”. However, participants claim putting a price on carbon emissions was not the only item of discussion, and neither was focus limited to the short-term.
Proponents of a carbon tax put it forward as a less complex method to begin pricing carbon emissions than cap-and-trade. Legislation for cap-and-trade collapsed in 2010 in the nation’s capital and preceded these meetings.
At the moment tax increases, carbon or otherwise, are unlikely to get off the ground, but the long-term view is that taxing CO2 could win support over taxing income. Furthermore, there is potential to use a carbon tax to tackle both global warming and the deficit.
So the question as to whether we can deal with climate change in a politically viable manner is still unanswered, but the future is looking brighter with the news that open discussions are occurring among bipartisan groups.