The website for the Regional Greenhouse Gas Initiative (RGGI) openly brags about how its revenues have been spent on renewables, energy efficiency projects, and other “green” investments.
Even Fans Agree: Carbon Tax Swap Will Hurt Economy
One of the recurring themes of my IER posts has been to warn Americans that the promises of a “win-win” from a carbon tax swap deal are very dubious. In the present post, I will draw on a 2013 Resources for the Future (RFF) study recently touted by the Niskanen Center—which is for a carbon tax swap deal—to show that even they aren’t expecting it to actually help the economy.
