No matter how you look at it, the Florida Republican’s new proposal is bad policy. Environmental policy as a tool of wealth redistribution is nothing new. The latest example is a proposal for a greenhouse-gas (GHG) tax just introduced by Representative Carlos Curbelo (R., Fla.). Curbelo’s tax would start at $24 per metric ton of GHG emissions, growing 2 percent per year above inflation and an additional $2 per ton every two years if emission-reduction goals are not met. Those goals rise … [Read more...]