You searched for: Content Type Working Paper Remove constraint Content Type: Working Paper Publishing Institution The Cato Institute Remove constraint Publishing Institution: The Cato Institute Political Geography Global Focus Remove constraint Political Geography: Global Focus Publication Year within 5 Years Remove constraint Publication Year: within 5 Years Topic Politics Remove constraint Topic: Politics
- Author: Robert P. Murphy, Patrick J. Michaels, Paul "Chip" Knappenberger
- Publication Date: 10-2015
- Content Type: Working Paper
- Institution: The Cato Institute
- Abstract: A vigorous campaign aimed at American policymakers and the general public has tried to create the perception that a federal carbon tax (or similar type of “carbon price”) is a crucial element in the urgently needed response to climate change. Within conservative and libertarian circles, a small but vocal group of academics, analysts, and political officials are claiming that a revenue-neutral carbon tax swap could even deliver a “double dividend” — meaning that the conventional economy would be spurred in addition to any climate benefits. The present study details several serious problems with these claims. The actual economics of climate change — as summarized in the peer-reviewed literature as well as the U.N. and Obama Administration reports — reveal that the case for a U.S. carbon tax is weaker than the public has been told.
- Topic: Climate Change, Economics, Energy Policy, Politics
- Political Geography: Global Focus