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Why Does Politics Keep Getting in the Way of Pricing Carbon?
2014-07-20 22:28:00| Climate Ark Climate Change & Global Warming Newsfeed
Energy Collective: While a carbon price is every economists' favorite climate plan, real-world political constraints get in the way (just ask Australia!) In a new paper in Energy Policy, I examine a variety of political economy constraints that limit the environmental efficacy and economic efficiency of real-world carbon pricing policies. Households in the United States appear willing to pay just $80-200 per year to combat climate change, equivalent to a carbon tax of roughly $2-8 per ton. In contrast, estimates...
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Category:Electronics and Electrical