Placing a “price on carbon”: A great theory, but a terrible idea ///

It is becoming increasingly popular among industry analysts and some in the industry, itself, to advocate in favor of establishing a “price on carbon.” This would be either in the form of a “cap-and-trade” system which is little more than a thinly-disguised carbon tax, or an outright tax on carbon itself, sans all the cap-and-trade subterfuge.

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