To offset these slightly higher energy costs, half the proceeds could be refunded to low- and middle-income households. A border adjustment for imports and exports would protect domestic manufacturers. This centrist approach can get traction on Capitol Hill if businesses and local opinion leaders speak out in support. A late-November New York Times-CBS News poll found that most Americans, including Republicans, now believe that the climate is changing and want our government to take action. A survey by three GOP pollsters in September showed that 54 percent of conservative Republicans would support a carbon fee if the proceeds were rebated. The time has come for U.S. leadership in setting a global price on carbon.

Walt Minnick

Washington, D.C.

Editor’s note: Minnick is a former congressman from Idaho and is co-founder of the Partnership for Responsible Growth.