environmental justice
More About the Distributional Impacts of a Carbon Tax
I’ve posted before about the equity effects of pricing carbon. A new paper from Brookings provides further evidence on the subject. The main conclusions are that a carbon tax is indeed regressive, but the problem could be fixed by spending about 10% of the proceeds on social welfare programs. The authors find that the direct …
Continue reading “More About the Distributional Impacts of a Carbon Tax”
CONTINUE READING