Ensuring Environmental Outcomes from a Carbon Tax
View on Environmental Defense Fund website"Two recently-released papers by the Nicholas Institute at Duke University and Resources for the Future (RFF) directly address this key concern with a carbon tax —and suggest an innovative path forward. They illustrate how a suite of provisions – we’ll call them 'Environmental Integrity Mechanisms' or 'EIMs,' though each paper uses different terminology – could provide greater levels of certainty regarding the emissions outcome, by allowing for adjustment of the carbon tax regime over time to course-correct and keep us on track for meeting our targets."