Browsing All Posts published on »June 2nd, 2008«

Price increases do not equal tax increases

June 2, 2008


Robert J. Samuelson of the Washington Post has a problem with the idea of a cap-and-trade system for reducing carbon emissions: since it increases the cost of energy, it’s a tax, not a “trade,” and so should be called a “cap-and-tax” system instead. I have a problem with his characterization, but not because he’s wrong […]