When does a blog designed to be wonky and even deliberately obscure in its choice of subject matter go too far? Would it be when its “mail bag” postings involve, on the one hand, the arcana of Afghanistan’s ethnic-political identities, and on the other, the merits of carbon taxes verses cap-and-trade as an approach to climate-change regulation? Perhaps, but you are New Yorker readers, and I have faith in you.
On my conversation with Hamid Gailani, Barney Rubin, one of the country’s preeminent experts on Afghanistan, who is based at New York University, writes to point out that my characterization of the Gailanis as “Pashtuns” is incorrect. They are a distinguished religious family with a strong Pashtu-speaking following, but they are originally of Arab origin—”Sadat” being the preferred term to describe them. Hamid’s grandfather came to Afghanistan from Baghdad around 1905. Barney continues, “There was some dispute in the G/Jilani family there. You may have noticed that one of the main Sunni Mosques in Baghdad is named after Abdul Qadir Jilani.” Tourism notes from all over!
Separately, Greg Staple, a Washington attorney who follows climate-change politics closely for Vinson and Elkins, offers this comment on my post about ExxonMobil’s decision to weigh in to support carbon taxation, as opposed to a cap-and-trade regime, to address carbon emissions. His main point is that the problem with carbon taxes, in the view of their opponents, is that nobody can say with confidence how much tax would be required to change behavior enough so that the taxes would reduce emissions adequately. Some economists speculate a much heavier tax than is generally proposed might be required. The point is, no one knows, whereas with cap-and-trade, the “cap” can be set in advance—although, it should be noted, evasions of the complicated regime might also result in under-performance.
From Staple:
You’re probably right in thinking that carbon taxes will enjoy some renewed attention as Congress prepares to enter the home stretch on cap-and-trade…[but] I doubt very much that this will change the outcome of the current debate because the tax advocates have yet to table a serious (i.e. workable) legislative alternative on Capitol Hill. Nor have they been able convincingly to show how any give tax program will: (a) deliver the environmental benefits desired (e.g., an 80% plus reduction in emissions by 2050) or (b) equitably recycle the resulting taxes to the public. As a result, Rex Tillerson notwithstanding, the tax vs. cap-and-trade debate is about where it was in August 2007….
In the meantime, however, many cap-and-trade advocates have moved much closer to the tax camp by placing a new emphasis on “tax and rebate” or “tax and invest” rather than “tax and trade.” Auctions….are also in vogue, thanks to the campaign promise of President-elect Obama. Thus, as a fairly close observer of climate regulation in Washington, I think some form of cap-and-trade bill will ultimately prevail, provided the President chooses to expend the necessary political capital later this year (or early next). That is still a big “if,” I know, in these uncertain economic times.
Staple’s 2007 journal article assessing the two approaches is here, and it goes into more detail about the two policy approaches.