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  • Pay Your Air Share: How to let the market solve climate change

    02/27/2008 9:27:04 AM PST · by tang0r · 21 replies · 132+ views
    Pay Your Air Share ^ | 2/27/2008 | M. Harrison
    The best way to encourage the market development of clean energy technology is by charging a price for carbon emissions. Unfortunately for anti-tax libertarians like myself, economists know that the only way to charge a price for carbon emissions is by implementing a carbon tax. But unlike most taxes, which are implemented solely to make the government money and/or to punish an otherwise harmless activity, a carbon tax would punish an actually harmful activity and simultaneously create a market incentive for a technological solution to develop in response. A carbon tax, properly applied, would charge all major carbon emitters a...