In a new study sponsored by AMS, Alex Brill of the American Enterprise Institute and Scott Ganz of the Georgia Institute of Technology take on the commonly held belief that a carbon tax will be bad for Republicans. Highlighting their findings in an op-ed on RealClearPolicy, the authors write:
The takeaway is that Republican lawmakers should not assume that a tax on carbon paired with offsetting tax cuts would disproportionately or adversely impact their constituents. The average difference between Republican-leaning and Democratic-leaning counties is small – about $100 – for all the scenarios we modeled. These differences are minuscule when compared to the economic costs associated with command-and-control environmental regulations put in place to date.