Why do Republicans Hate Market-Incentive Based Solutions?

Contrary to what you might think, this new survey says that 69% of Republicans think that climate change is a “somewhat” or “very” serious threat.

Table 3. Perception that climate change is a threat among Democrats (N=377), Republicans (N=306), Independents (N=389), and overall U.S. population (N=1089) in January 2013. Columns may not add to 100 due to rounding.

How serious a threat is climate change? Democrat Republican Independent Overall U.S. population
Very serious threat 52% 17% 35% 38%
Somewhat serious threat 40% 52% 50% 46%
Not that much of a threat 7% 29% 13% 15%
Not a threat at all 1% 1% 1% 1%

Also contrary to what you might expect (if you haven’t been paying attention), Republicans prefer regulation over an incentive-based carbon tax system by a five-to-one margin.

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Compared to a two-to-one margin among Democrats.

This is a prime example of knee-jerk anti-taxism preventing Republicans from implementing, or even considering, the very sort of economically efficient policies that they supposedly believe in.

For another example see Conservatives’ enthusiastic approval of FDR’s WWII inflation-fighting wage controls, which he adopted as a fourth-best option after those Conservatives refused to raise taxes as he wished to drain demand. The result? The crazy employer-based health insurance system we have today.

Cross-posted at Asymptosis.