I don't have the reference, but Harvard Economist Martin Weitzman (of "the Share Economy" fame) did a lot of work in which he came to the conclusion that carbon taxation was a more efficient way of fighting climate change as opposed to cap and trade ---
It is a royal shame that David Boren (D. OK) was the head of some influential Senate Committee in 1993 because the House of Representatives had passed the Clinton-Gore BTU tax (which brought howls of complaints from every business lobbying group -- which means it MUST have been a good idea) but Boren wouldn't hear of it: "The most I'll do is raise the gas tax by 6 cents" - maybe it was five cents -- and the result was OBRA 1993 without the BTU tax. A BTU tax would have had some non-zero impact on the US economy's carbon footprint for 20 years now --- And it could have been something worth raising whenever there were deficit issues involved -- changing behavior along the way. As Vonnegut was prone to say, "So it goes ...." Mike (Meeropol)
_______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
