Nick Loris of the Heritage Foundation warns that a carbon tax would harm America.
- A carbon tax would ultimately backfire on America and the American taxpayer.
- Approximately 80% of our energy needs are met through carbon-emitting sources. A higher cost on these products would affect our whole economy.
- While renewable energy is important, the technology is not mature enough to fully replace natural gas or oil.
“Carbon taxes are a cure worse than the alleged disease: They have a minimal impact on emissions and will do next to nothing to affect climate change. In the end, they hurt the very citizens they are intended to help.”
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