"Chris Dodd hasn't been out front on environmental issues during his 32
years in Congress, but he's clearly aiming to outgreen his competitors in the
2008 presidential campaign. He has earned props in environmental circles for
being the only candidate with the political cojones to call for a corporate
carbon tax as a way to fight global warming, and for endorsing a strict
fuel-economy standard that would require new cars and trucks to get 50 miles per
gallon by 2017. Dodd even ran what was billed as the first presidential
candidate ad focused on global warming. "
Carbon taxes make sense. It makes sense when discussing issues of Global Warming and other enviromental issues. A good carbon tax would be large enough to generate attention from the business community that it needs to clean up and engage in energy effiecentcy. It should be small enough that it is payable though, it should not be a tool that is going to drive business under or industry out of the country. A small tax could serve this purpose, the money from which should be used to develop cleaner and more energy efficient technology that could be sold to industry at competetive rates. Make the purchase of these new technologies deductable from the carbon tax that they are paying.
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