Carbon taxes are fine, but a cap-and-trade program is better

, American Bar Association: Trends
April 2009

We come not to bury the carbon tax, but to praise it. We agree that a carbon tax could offer predictable costs, administrative simplicity, and an opportunity to offset other taxes. Our point is simply that a cap-and-trade program can do all these things, and more.

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Reprinted with the permission of the American Bar Association