The American Petroleum Institute (API) now advocates a carbon tax? We had to read the API’s press release twice to make sure we were reading correctly. Whatever else this accomplished we believe at the very least they pulled off a public relations coup designed to delay carbon suppression behind a smokescreen of reasonableness. There is no shortage of informed opinion on this issue. Like any broad public policy it has advocates and detractors. Proponents hail its economic efficiency and that it pushes the government further away from the…
