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Designing and Evaluating a US Carbon Tax Adjustment Mechanism

A tax adjustment mechanism automatically adjusts the carbon tax rate based on the level of actual emissions relative to a legislated target. This article examines the role for tax adjustment mechanisms in carbon tax design and the trade-offs of alternative designs.

Journal Article in Review of Environmental Economics and Policy by Marc Hafstead and Roberton C. Williams III — 1 minute read — Dec. 19, 2019

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