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The Case for a Global Carbon Tax; Options: The only way to slow climate change is to make coal more expensive and alternatives cheaper.

Newsweek

| April 16, 2007 | COPYRIGHT 2007 Newsweek, Inc. All rights reserved. Any reuse, distribution or alteration without express written permission of Newsweek is prohibited. For permission: www.newsweek.com. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

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CORRECTION: Correction: Fareed Zakaria's April 16 column ("The Case for a Global Carbon Tax") contained an error. U.S. energy consumption is 1.3 times greater than it was 30 years ago, not three times greater. NEWSWEEK regrets the error.

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Byline: Fareed Zakaria

The Bush administration made two notable statements on energy policy early in its tenure. They were both highly controversial. The first was that the Kyoto accords, as negotiated, were "dead." The second was Dick Cheney's declaration in a 2001 speech that "conservation may be a sign of personal virtue, but it is not a sufficient basis for a sound, comprehensive energy policy." As it happens, both are accurate and should be at the heart of any new, ambitious policy to tackle global warming and energy use. If you haven't fainted yet, let me explain what I mean.

The administration had several narrow-minded and callous reasons for rejecting Kyoto, but among its main arguments was that the accords did not include developing countries and thus ...

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