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ARTICLE · 01 JULY 2019

Last Of An Endangered Species Spotted On Capitol Hill: A Practical Senator

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Bloomberg Environment is reporting this morning that Senator Chris Coons is trying to persuade Democrats that they should agree to limit EPA's authority to regulate greenhouse gases in return for GOP support...

United StatesEnvironment
Seth Jaffe
Seth Jaffe
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Bloomberg Environment (subscription required) is reporting this morning that Senator Chris Coons is trying to persuade Democrats that they should agree to limit EPA's authority to regulate greenhouse gases in return for GOP support for a carbon tax. As regular readers will know, I've supported for years the idea of a grand bargain such as Senator Coons is now proposing.

I have never understood environmentalists' opposition to such a deal. I've always resisted even describing this kind of deal as a trade-off, because I don't think that environmentalists are giving up anything meaningful. The CPP was always at best clunky and inefficient and at worst very clunky and very inefficient.

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