Canada Is Introducing A Nationwide Carbon Tax. Could The U.S. Be Next?

View on Fast Company's Co.Exist website

Date

Oct. 6, 2016

News Type

Media Highlight

Source

Fast Company's Co.Exist

"By introducing a carbon tax, the U.S. could reduce pollution and not seriously harm economic growth, a study by the think-tank Resources for the Future found recently. A $45 per ton levy, rising at 2% per year, would reduce household incomes by only 0.5% to 0.8% by 2030; GDP would fall by 0.06% per year. That's not much of a sacrifice if we get serious climate policy in return."

Related Content