Policy proposal: A universal, per-unit carbon tax should be calculated and levied against all consumers and producers of the most common greenhouse pollutants demonstrated to enhance the risk of deleterious climate change. The tax rate should be set at the lower of an aggregate market index for carbon trading/offsetting (currently estimated to be approx. $10-20 per ton), and and the scientific/economic cost of carbon consensus estimate. Carbon offsetting purchasing should function as a tax-deductible purchase. The tax will create market incentives to accelerate the development of carbon-neutral alternative fuels, and revenues from the tax should directly adapt and prepare for foreseeable economic and environmental damage. The tax should be levied against all feasible points of greenhouse emissions, including consumer gasoline sales, corporate pollution, private airline and jet use, power generation, and all other transactions of foreign or domestic consumers and producers.
Policy Proposal: The development of alternative fuels should ideally remain unimpeded by regulatory interference, either in regulation or financial support. As the government's role in environmental regulation is a political fait accompli, libertarians should seek to devise the most streamlined, efficient ways to provide this essential governmental function.
Positive environmentalism: PI supports the pragmatic evolution away from regulatory environmental oversight and more toward private, property-rights resolution of environmental issues. Issues such as urban sprawl, endangered species, unsightly pollution and other land rights have the potential to be effectively negotiated among local interests, instead of the diktat of federal regulators. The bureaucratic intervention of the federal government, specifically the EPA, should be gradually restricted to the facilitation of effective economic negotiation among local parties, including communities, interest groups, businesses and local governments.
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