The Case for a Carbon Tax is Much Weaker Than You Think
Proposed U.S. carbon tax is unjustified on its own terms; one doesn't have to be a "denier" and question the underlying assumptions about physical climate change.
By Institute for Energy Research —— Bio and Archives--December 2, 2014
Global Warming-Energy-Environment | Comments | Back To Full Article
The "carbon fee"--not a tax mind you--legislation introduced by Senators Whitehouse and Schatz epitomizes the dual reality in the debates over climate change policy. The commentary on the bill would lead the innocent reader to believe that this is textbook economics in response to a "market failure." In reality, using the very same textbook economics and taking all of the Obama Administration computer models at face value, I will show that the proposed carbon tax is not at all suitable to the alleged problem. To repeat, the proposed U.S. carbon tax is unjustified on its own terms; one doesn't have to be a "denier" and question the underlying assumptions about physical climate change.
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