Somehow I missed it when it first ran, but two years ago the Manhattan Institute's Senior Fellow Oren Cass wrote a masterful critique of the typical arguments for a U.S. carbon tax. His essay, "The Carbon Tax Shell Game," is so good that I'm going to spend two posts here at IER amplifying some of his strongest points. As I've been illustrating over the years with my own work (e.g., here and here), the case for a carbon tax falls apart once you start picking at it.
