Al Gore’s new idea to combat global warming – Tax carbon emissions
In a speech yesterday at the New York University School of Law, Al Gore argued that one way to compel employers to cut greenhouse gas emissions would be to assess a carbon emission tax, instead of collecting payroll taxes. THree-quarters of the votes in the very informal poll on the MSNBC site thought that the idea was brilliant, and I have to say, it’s pretty original. Unfortunately, in the current US political climate, I can’t imagine something like that ever actually being implemented.
Via MSNBC
One Reply to “Al Gore’s new idea to combat global warming – Tax carbon emissions”
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The idea is “pretty original”?
I’m sorry, the idea of emissions taxes has been around since the late 1960’s. This idea is absolutely not original to Al Gore. Browse the environmental economics literature just a little and you will find a wealth of papers (theoretical and empirical) on the idea of emissions taxes.