Monday, July 7, 2014

Economists Statement on Carbon Pricing

My name is included in the list of economists supporting a statement on carbon pricing released by WWF Australia. The statement is a little vague I think to maximize the number of people who would be willing to sign up. I think a price on carbon is a very useful part of a climate change policy. It can provide an incentive for finding cost-effective solutions, which otherwise might not be found. I favor a carbon tax now over emissions trading but the statement leaves that open. This seems to be where mainstream opinion is now heading.

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