Pricing carbon: regressive or not?

Economists don't always agree: but they all seem to like the idea of setting a price on carbon. Either through a carbon tax or an emissions trading scheme, a levy on carbon appears certain to eventually reduce emissions of greenhouse gases. But at a price. The poorest sector of the population carries a disproportionately greater burden. It's a regressive tax. Is there a way to reduce emissions without penalizing low-income families? Read More

Carbon dioxide emissions cap and trade

California, Ontario and Quebec are cooperating on a successful program to reduce carbon emissions through a cap and trade mechanism. Ontario should collaborate with other California programs such as electric vehicles and promoting household photovoltaic systems with energy storage. Read More