Forbes: Today weve a piece from George Shultz and Gary Becker in the WSJ on the desirability of a carbon tax. How nice to see that such serious heavyweights are catching up with what this blog has been suggesting:
At the same time, we should seek out the many forms of subsidy that run through the entire energy enterprise and eliminate them. In their place we propose a measure that could go a long way toward leveling the playing field: a revenue-neutral tax on carbon, a major pollutant. A carbon tax would...