Texas public policy foundation
Does a carbon tax support prosperity?
 
RESEARCH
 

Congress and state legislatures should not shackle prosperity with a carbon tax because it is based on flawed assumptions and results in costly economic and environmental effects.

The key points are:

  • A carbon tax is a government-set price on carbon dioxide emissions.
  • An assumption for a carbon tax is the price paid for a final good does not reflect the supposed social cost from carbon dioxide emissions released producing the good.
  • Congress and state legislatures should not shackle prosperity with a carbon tax because it is based on flawed assumptions and would result in large economic costs.

2018 04 PP CarbonTaxSupportProsperity ACEE CEP IngramGinn by texaspolicy on Scribd

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