Sen. Baucus pushed to back carbon tax

The Post, for its part, both makes the case for a tax and notes the long odds, calling it “one of the best ideas in Washington almost no one in Congress will talk about.”

From The Post:

It would make polluters pay for their own pollution, which is the best way to encourage greener thinking. It would cut emissions without overspending national wealth on grandiose central planning or command-and-control regulation. And it would raise revenue, which lawmakers could use for debt reduction, lowering other taxes, improving the social safety net or some combination.

The paper urges lawmakers to read the recent, wide-ranging energy tax policy paper that the Finance Committee staff recently released.

The Finance Committee discussion paper describes carbon tax proposals among a slew of other policy ideas, but doesn’t endorse anything.