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Thursday, April 11, 2013

Carbon tax adjustments

Interesting piece: "The Carbon Tax Is Overrated," by Evan Soltas at Bloomberg View. Actually, the headline obscures the key point, which is that a carbon tax can be modified to reflect and adjust to uncertainties about the costs and risks associated with carbon emissions. It seems to me one might come away from reading this more favorably disposed to a carbon tax than one was at the outset.