An impressive list of names endorse a carbon dividend proposal published in The Wall Street Journal this week. They include 27 Nobel Prize winners plus former Treasury secretaries, Federal Reserve chairmen and White House economists.

They propose not only a steadily rising fossil-energy tax, but a new bureaucracy to distribute the proceeds to every American in annual “dividend” payments. They would repeal the existing panoply of green subsidies and mandates. Their program also requires a new import tax to stop U.S. industry…



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