Why Carbon Tax Is the Wrong Policy Solution

Why Carbon Tax Is the Wrong Policy Solution
AP Photo/Mark Lennihan, File

The release of the National Climate Assessment this year and the recent formation of the new bipartisan, pro-business advocacy group Americans for Carbon Dividends have given new life to promoting a carbon tax as the best approach to reducing carbon dioxide emissions. Climate change activists will endorse any policy that they believe will reduce fossil fuel use. But others should be cautious in embracing a complicated and unnecessary tax scheme.

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