A carbon tax on top of that, maybe gracefully implemented over some period of time-- and it doesn't actually even have to be a tax.
The carbon tax will reach the 2 degree limit, which is presumably what all political leaders have signed up to.
And so if you build that carbon tax into the system, then it's going to automatically, through the laws of capitalism, make people start
I'm a proponent of the carbon tax .
The money that is raised through the carbon tax is spent in the global public budget.
And that's really what the carbon tax -- you know, there was also, earlier, the cap and trade solution, which came out of a conservative think tank.
And that might be a way to bring a carbon tax into effect in a global financial sense.
My answer to this is just that the carbon tax was ill-managed, and most of all, ill-explained, not explained well.
Because in fact, the carbon tax existed since 2014 I think, and it raised progressively.
That's why some countries go with a carbon tax instead-- a flat rate at the source where that fuel gets extracted.
But I think if we had a reasonable carbon tax in place and we didn't have such a low price for petroleum
So if we're relying on money coming from a carbon tax to fund some of the potentially promising initiatives
I guess that you asked the question because this movement was born after the carbon tax raise.
But the raise in price of fuel prices was not linked to the carbon tax .
You know, you talked about having potentially a carbon tax to fund some initiatives.
But I favor a carbon tax .
about the environment and tax a lot of economists support support basically a carbon tax because they think it's the simplest EAS way to do it most
And so again, what Nordhaus said was a revenue-neutral carbon tax is the first tool that we should be reaching for.
We would give them money, the money of the carbon tax .
And you know, California has been working on how to apply the carbon tax that we've had.
If I had a magic wand right now, I would implement a stiff carbon tax and let the market, science, engineering kind of work
So I'm wondering, though-- you had talked a little bit about the carbon tax .
I have high hopes that Massachusetts may become the first state in this country have a carbon tax , or some kind of fee on carbon.
And the good news is that, with either of these systems -- with a carbon tax or with auction Cap and Trade -- you get a pile of money.
But then, you do have a bit of a discussion around implementing a carbon tax as a solution to decarbonizing the world.
And they saw at this time that, oh, there's a big share of carbon tax in the price.
They didn't agree on much, but one thing they did agree on was that we should have a carbon tax .
And I said, wait, you both agree we should have a carbon tax ?
And in fact, I read an editorial a couple weeks ago very sensibly saying, this is the time to do a carbon tax ,
Even a wealthy nation, like the United States, will not pass a carbon tax .
That is equivalent, just to get a sense of proportion, to have a $0.60 per gallon of gasoline carbon tax now
Economists talk about two flavors of that -- one of them is like a carbon tax , the other is an auction 'Cap and Trade' system.
There was -- the premier there, actually from a right-of-center party, implemented a $30 per ton of CO2 carbon tax .
But I asked him if he would support replacing the payroll tax with a carbon tax , and he said, "Yes."
The politics of a carbon tax are