June 25, 2014 12:00 AM

Republican shows leadership, proposes carbon tax

Henry Paulson, President Bush’s Secretary of the Treasury before and during the 2008 financial crisis, has learned his lesson: we need “to act before problems become too big to manage.” Now Paulson is calling on his fellow Republicans – and the rest of us – to apply that lesson to the threat of climate change. In a remarkable op-ed article in last Sunday’s New York Times, Paulson says “This is a crisis we can’t afford to ignore. I feel as if I’m watching as we fly in slow motion on a collision course toward a giant mountain. We can see the crash coming, and yet we’re sitting on our hands rather than altering course.”

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