September 19, 2014

TAX WHAT YOU DON'T WANT:

Carbon Taxes Really Do Work (TOM JACOBS, September 19, 2014, Pacific Standard)

A research team led by Ralf Martin of Imperial College London examined energy usage at U.K. plants over the first three years of the plan, and found far greater reductions in electricity use and carbon dioxide emissions among those that were taxed at the higher rate. What's more, the reduced emissions had no significant impact on employment, revenue, or overall productivity.

When it comes to cutting greenhouse gases, this study strongly suggests taxes are more effective than targets.

Posted by at September 19, 2014 5:52 PM
  

blog comments powered by Disqus
« AREN'T THE SORTS OF MEN WHO READ MEN'S JOURNAL THE PROBLEM?: | Main | PERHAPS THE MOST DAMAGING THING THAT WILL EVER BE SAID OF THE UR...: »