The wrong way to regulate carbon

(MI) The Holland Sentinel – The most effective way for the United States to fight global warming is for Congress to put a price on carbon, either through a cap-and-trade system or, as we’d prefer, a carbon tax that rebates the revenue to taxpayers. But last month the Senate Environment and Public Works Committee announced a delay in introducing its climate change bill. Senate Majority Leader Harry M. Reid, D-Nev., said last week that such legislation might not be acted on until next year. Meanwhile, the Environmental Protection Agency is preparing to regulate carbon under the Clean Air Act. As Rep. John D. Dingell, D-Mich., once warned, EPA action would create “a glorious mess” of regulation. How much of a mess is only beginning to become clear. More