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
Wind power can create jobs for workers like these while cutting carbon pollution.AP Photo/Steven SenneLike 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...
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