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It's not preferred. All the leading economic models and experts are in agreement that a flat carbon tax is the way to go (on paper). The problem is political f
by brendanmc6 7y ago
It's not preferred. All the leading economic models and experts are in agreement that a flat carbon tax is the way to go (on paper).
The problem is political feasibility and public acceptance. It is a lot easier to pass carbon trading schemes, emissions targets and caps, and renewable energy subsidies-- even though all of these end up costing consumers more than a simple tax would.
I recommend looking into the work of William Nordhaus for more on this topic.