Carbon Tax Economists are the Modern Day Alchemists pursing the Philosopher's stone
- Sep 28, 2021 2:40 pm GMT
A recent article in the Washington Post titled "Senior Democrats’ push for powerful climate tool collides with political realities" quotes some prominent economists supporting the use of carbon taxes to reduce carbon emissions and address climate change. However, they face a big problem, just like the Alchemists in their belief that the magical powder "tincture" could transform lead into gold, there is no empirical evidence supporting their "economic theory" that a carbon tax would be an effective cure for our climate crisis.
Get Published - Build a Following
The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.