In the wake of Hurricane Sandy and Democratic gains in the 2012 elections, a radical old idea is getting a second look inside the Beltway. Faced with the challenge of raising revenues to pay for exploding federal government costs that neither party has any interest in reducing, the carbon tax is suddenly attracting the interest of the Left and Right. The global-warming doomsayers have been in full throat since Sandy, and a carbon tax — a disincentive to use fossil fuels allegedly responsible for global warming — has suddenly become a real possibility, on top of all the other fatuous taxes already exacted from the American public.
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