NEW: Find great deals on the latest gadgets and more in the ScienceDaily Store!
Science Videos
from news services

Carbon Tax Could Be Net Benefit to U.S. Business, Consumers

May 30, 2014
TheStreet / Powered by
A carbon tax should make energy and goods more expensive, but Adele Morris, economist and fellow at the Brookings Institution, is the author of a recent report that finds that a well-implemented tax could be a net benefit to U.S. businesses and consumers. In an interview with TheStreet, she notes the key to the success of such a tax would be in how the revenue is used. Exxon Mobil is one of the oil companies that has recently come out in favor of a carbon tax and Morris sees that support growing as the threat of restrictions on emissions becomes more real. The contentious implementation of a carbon tax in Australia, Morris says, is a perfect example for us of how not to do it. Video provided by TheStreet
Related Videos

Share This Page:

Earth & Climate News
October 26, 2016

Latest Headlines
updated 12:56 pm ET