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From what I understand, a carbon tax is one of the most immediate and effective things we could do to combat climate change. If I understand the Macroeconomics
by gdubs 11y ago
From what I understand, a carbon tax is one of the most immediate and effective things we could do to combat climate change. If I understand the Macroeconomics correctly, the supply side shouldn't feel too much of a hit. Low-income consumers could maybe write off the carbon tax. I.e., the revenue from the tax could either go towards infrastructure spending, or it could go back to people in the form of a tax offset somewhere else.
Imagine if the money pouring into the American political process right now was channeled into electing Congressional leaders who, you know, believe in science. Or if some of the grassroots dollars being burned on TV ads for candidates A, B and C could be spent on a campaign to convince the public that a carbon tax would be good for us.
- satellitec4t 11y agoYep, economists largely agree that a carbon tax is an effective strategy A couple polls of economists (nearly unanimous) http://www.igmchicago.org/igm-economic-experts-panel/poll-results?SurveyID=SV_9Rezb430SESUA4Y http://www.igmchicago.org/igm-economic-experts-panel/poll-re... http://www.igmchicago.org/igm-economic-experts-panel/poll-results?SurveyID=SV_8oABK2TolkGluV7 http://www.igmchicago.org/igm-economic-experts-panel/poll-re...
- benjaminRRR 11y agoAustralia was a good experiment on this and the effects were dramatic, equally dramatic when it was repealed (yes a major piece of legislation was rolled back, which is another problem in itself) http://www.energy.unimelb.edu.au/documents/australia-repealed-its-carbon-tax-%E2%80%94-and-emissions-are-now-soaring http://www.energy.unimelb.edu.au/documents/australia-repeale...