Wow, pleasantly surprised... shocked... stunned to see The Stranger endorse I-732. I'm a longtime supporter of revenue-neutral carbon taxes. See the Carbon Tax Center
The genius of a revenue-neutral carbon tax lies in its simplicity and common sense. But its simplicity and its common sense also present its great political challenge. Kinda like why Social Security would be so difficult to enact in our day and age. Unlike cap-and-trade there's no gaming the system, if only because there's no system to be gamed, so you don't have the Wall Street Goldman Sachs constituency on board. And unlike panaceas like "Hey, let's just invest more in clean energy," there's a recognition with a revenue-neutral carbon tax that you don't get something for nothing. Yes, it is a tax. Yes, it addresses a market failure through a market-based mechanism.
And really, there's nothing more offensive to some special interests than plowing the tax savings right back straight to be people, with no middle-men to siphon off the proceeds.
Without knowing much about I-732 for a while, I was taken aback by the complicated arguments against it, but then it eventually dawned on me that the arguments weren't about flaws in I-732; they were the same, old complicated criticisms of revenue-neutral carbon taxes in general.