state carbon restrictions
Will it be enough?
In just the last week, two economically and politically important states, New York and Virginia, took major steps toward reducing their contributions to climate change. On Tuesday, Virginia Governor Terry McAuliffe (D) signed an executive order directing the state’s Department of Environmental Quality to develop and propose a regulation to the State Air Pollution Control Board “to …CONTINUE READING
There’s been a lot of discussion of carbon taxes, which economists virtually all love. Proposed carbon taxes would generally be imposed at the level of fossil-fuel sellers or importers, or when producers use carbon. Imposing the carbon tax on consumers would have some significant advantages. This could be done with some fancy VAT-type mechanism, but …CONTINUE READING