Thursday, January 17, 2019

Carbon tax with revenue returned through equal lump-sum rebates: open letter

An open letter from many economists, published today as an op-ed in the Wall Street Journal, proposes a carbon tax with the revenue to be returned to taxpayers, as a way to put incentives in place to deal with climate change.
 Here it is in the WSJ: 
Economists’ Statement on Carbon Dividends--Bipartisan agreement on how to combat climate change.

And you can click through to the oped (ungated) and related articles at https://www.clcouncil.org/?mod=article_inline

ECONOMISTS’ STATEMENT ON CARBON DIVIDENDS

27 Nobel laureates, all 4 former Fed Chairs, and 15 former Chairs of the Council of Economic Advisers unite behind carbon dividends as the bipartisan climate solution.

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