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With the right guiding principles, carbon taxes can work

  • Written by Gilbert E. Metcalf, John DiBiaggio Professor of Citizenship and Public Service; Professor of Economics, Tufts University
With the right guiding principles, carbon taxes can workWind power can create jobs for workers like these while cutting carbon pollution.AP Photo/Steven Senne

Like most economists, I favor taxing carbon dioxide to cut carbon pollution.

A carbon tax makes fossil fuels like oil and coal more expensive. That, in turn, leads consumers and industries to use less of them. At the same time, it boosts demand...

Read more: With the right guiding principles, carbon taxes can work

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