Guest blog by Andrew Ratzkin* The time for a carbon tax is now. The coronavirus hasn’t just created the opportunity; it’s created the imperative. The Imperative. State budgets are in crisis. Revenues—whether derived from sales taxes, individual and corporate income taxes, capital gains, dividends, tolls, airport fees, mass transit fares, hotel […]
Carbon Tax
6 posts
by Romany Webb and Justin Gundlach There has been much talk in recent weeks about pricing carbon to reduce greenhouse gas emissions. Earlier this month, a group of former Republican cabinet members proposed adoption of a nationwide carbon price, starting at $40 per ton. That seems unlikely, however. Even the […]
By Michael Greenberg, Sabin Center Summer Intern Pope Francis’ June 18 encyclical Laudato Si’, On Care for Our Common Home includes a section about the economics of carbon mitigation. Although a small part of the encyclical—one paragraph out of 246—the pope’s economic prescription received extensive coverage from top newspapers such […]
Dane Warren Sabin Center Summer Intern & Rising 2L at Columbia Law School On Wednesday, June 10, two Democratic Senators (Sheldon Whitehouse of Rhode Island and Brian Schatz of Hawaii) introduced a bill that would impose a carbon tax of $45 per ton of carbon emissions. For other greenhouse gases, the […]