February 11, 2014 | San Francisco Chronicle
Whether President Obama approves the Keystone XL pipeline from Canada or not, environmentalists or labor unions will be angry. For 40 years, foreign policy was a factor favoring wind, solar and alternative energies. Shultz and another Hoover Institution fellow, Nobel laureate Gary Becker, argued in 2013 that "a carbon tax would encourage producers and consumers to shift toward energy sources that emit less carbon - such as toward (natural) gas-fired power plants and away from coal-fired plants - and generate greater demand for electric and flex-fuel cars and lesser demand for conventional gasoline-powered cars." In the Wall Street Journal, the Hoover Institution scholars said their tax would be practical and market-friendly, "not for financing some other government programs." With so many partisans antiscience, antieconomics and antichange, the Republican Party, once strong and sensible, now resembles a huddle of trembling polar bears, trapped on a melting Arctic ice floe, drifting toward oblivion.