1) A carbon tax is perhaps the most common proposed solution to the climate change problem. It would increase quality of life, not reduce choice nor induce rationing. Currently, burning carbon imposes externalities that are not paid by the emitter. This means that some of the carbon emitted is emitted even though it provides more costs than benefits. A carbon tax and dividend INCREASES economic efficiency by ensuring that CO2 is generated only when benefits exceed costs.
2) oil & gas are extremely useful for a lot of different things, and there's still a lot of it left in the ground. Technology improvements will only shift usage; it will still be used for something. Only a "stick" such as a carbon tax can ensure that such usage is efficient.
1) A carbon tax is perhaps the most common proposed solution to the climate change problem. It would increase quality of life, not reduce choice nor induce rationing. Currently, burning carbon imposes externalities that are not paid by the emitter. This means that some of the carbon emitted is emitted even though it provides more costs than benefits. A carbon tax and dividend INCREASES economic efficiency by ensuring that CO2 is generated only when benefits exceed costs.
2) oil & gas are extremely useful for a lot of different things, and there's still a lot of it left in the ground. Technology improvements will only shift usage; it will still be used for something. Only a "stick" such as a carbon tax can ensure that such usage is efficient.