I dont agree with any logic behind the carbon taxes however, there is good case for taxation in case of pollution. The key problem with pollution is that no single person owns the air or water bodies and hence no one minds degrading it even thought everyone loses collectively.

This is a very hard problem to solve and taxation may not be one of those. If US government puts stronger restriction on US companies, they lose the competitive edge against Chinese and Indian who do not have to pay any such tax.