Income effect

Carbon dividend better than carbon tax?

Climate change is the world’s most urgent problem, and in the United States (US), the left, at least, is taking it seriously. Earlier this year, Representative Alexandria Ocasio-Cortez of New York and Senator Edward Markey of Massachusetts, both Democrats, introduced a Green New Deal (GND) resolution, which offers a blueprint for decarbonising the US economy.

22 May 2019
0