AUSTIN – Today The Texas Public Policy Foundation released the paper Does a Carbon Tax Support Prosperity? which examines the economics, assumptions and results of a carbon tax. 

“Market decisions of millions of people generally provide better, more efficient outcomes than decisions by a select few in government,” said the paper’s co-author Dr. Vance Ginn, senior economist and director of the Center for Economic Prosperity. “Calls for a carbon tax are based on flawed assumptions and climate models that have been highly inaccurate. Congress and state legislatures should not hinder our economic and environmental prosperity with a carbon tax.”

“We need to stop apologizing, take pride in our accomplishments, and lead,” said Megan Ingram, policy analyst for the Armstrong Center for Energy and the Environment. “History proves that removing government barriers to entrepreneurship allows more innovation to improve our well-being and clean the environment. We should not block prosperity by imposing a carbon tax.”

For more information or to request an interview, please contact Alicia Pierce at [email protected] or 512-472-2700.    

Vance Ginn, Ph.D., is director of the Center for Economic Prosperity and senior economist at the Texas Public Policy Foundation. 

Megan Ingram is a policy analyst of the Armstrong Center for Energy & the Environment at the Texas Public Policy Foundation.

The Texas Public Policy Foundation is a non-profit free-market research institute based in Austin that aims to foster human flourishing by protecting and promoting liberty, opportunity and personal responsibility.

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