- Jun 4, 2004
Didn’t you hear. Markets for carbon don’t work because Al Gore flew in a plane.Don't fall for the republican talking point that these taxes would be passed straight through. If you slap a huge carbon tax on generation, utilities would more quickly more to move to carbon free generation. Consumers will also be drawn to higher efficiency and co-generation.
The good thing about a carbon tax is it directly internalizes external costs back to the producers of them.