from Hacker News

John Cochrane on Carbon Taxes

by peacetreefrog on 7/25/19, 5:41 PM with 1 comments

  • by peacetreefrog on 7/25/19, 5:41 PM

    From the article:

    "To my climate-skeptic friends: Given that the government is going to regulate carbon, this is the way to do it with least damage. To my green-warrior friends, if the government is actually going to reduce carbon, not just subsidize cronies and engage in worthless value-signaling gestures, a trade of carbon taxes for absurdly costly regulations and subsidies is the only way to get anywhere."