Carbon dioxide taxes are tremendously unpopular with the American people. Also, the notion of a “revenue neutral” carbon dioxide tax is an illusion. The purpose and result of taxes on carbon dioxide emissions is to make conventional energy more expensive than already-expensive wind and solar power. However, when people purchase expensive wind and solar power, no tax revenue is collected or returned to the American people. A carbon dioxide tax can theoretically be crafted to be “revenue neutral” for government, but it certainly would not be “revenue neutral” for household budgets.
