Objections to a Carbon Tax

Abstract

This chapter addresses common objections to a carbon tax including whether the science is settled enough to put a price on greenhouse gas emissions, whether the tax will hurt economic growth, or whether the tax will kill jobs. It dispels a number of myths about climate policy and coal mining while making the case for providing transitional relief to coal miners and other groups particularly hard hit by the tax. It also discusses how the tax can be designed to ensure that long-term emission reduction goals are met.