Economics of Carbon Taxes

[longknife]

by Barry Rabe

The idea of enacting a carbon tax to address climate change and fiscal woes may be as plausible as relying on new leadership to steer the Chicago Cubs to their first world championship in over a century.

But now that another baseball season has come and gone with no changes on the North Side of Chicago, national fiscal season emerges with yet another return to the question of imposing some form of tax on some forms of fossil fuel. In this case, could such a tax be part of a fiscal cliff deal?

More interesting stuff @ Economics of Carbon Taxes | Brookings Institution

 

[Wiseacre]

by Barry Rabe

The idea of enacting a carbon tax to address climate change and fiscal woes may be as plausible as relying on new leadership to steer the Chicago Cubs to their first world championship in over a century.

But now that another baseball season has come and gone with no changes on the North Side of Chicago, national fiscal season emerges with yet another return to the question of imposing some form of tax on some forms of fossil fuel. In this case, could such a tax be part of a fiscal cliff deal?

More interesting stuff @ Economics of Carbon Taxes | Brookings Institution

I think the EPA will implement a carbon tax; heating bills are gonna go up soon thereafter for a lot of people. Could be included in a fiscal cliff deal, but I doubt it.

 

[Staidhup]

A carbon tax and carbon sequestration initiative translates into economic armageddon. So America swallows the bait, the rest of the world continues to do as it chooses, and we accomplish what in the process?