This is a fascinating comment in the Economist. It seems obviously wrong, and (they claim) an opinion held by an entire profession. A carbon tax seems like a very good way of partially solving the problem...pic.twitter.com/41WyHKuIjZ
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That only has any chance of being right if it's _net_ emissions which are taxed (not always the case in such proposals). And then there's the problem with computing the social cost of carbon.
Definitely a disconnect between the pure ‘Economists want’ carbon tax and proposals that have been seriously considered (cap + trade for eg.) but almost certainly The Economist was describing a pure carbon tax.
Happy to elaborate but don’t want to overexplain in case this is obvious to you already and you’re making a different point haha
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