A modest carbon tax has modest carbon reduction results

A modest carbon tax has modest carbon reduction results Been meaning to highlight Brad Plumer’s post on a paper about the effect of a carbon tax on emissions (full paper here ).  A tax of $20/ton, with an inflation-adjusted 4% annual increase, knocks emissions down 14% by 2020, and a larger number in 2050 if you believe economic projections that far in the future

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A modest carbon tax has modest carbon reduction results