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 Stories About: carbon trading AND climate AND climate change mitigation AND energy AND messaging
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Author |
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Who is being misleading?
A Post columnist's defenders can't salvage his poor cap-and-trade logic |
Ryan Avent |
04 Jun 2008 |
Gristmill |
| Tyler Cowen weighs in on the cap-and-trade debate. He focuses on my criticism of Samuelson's seeming failure to understand the relationship between cap-and-trade and a carbon tax: But Samuelson is correct here and Avent is misleading. When there is uncertainty about the location of the social optimum, and uncertainty about elasticities, a carbon tax and cap-and-trade are by no means equivalent. If you see very high costs from setting the binding cap too l ... |
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| Topics: carbon trading, climate, climate change mitigation, energy, messaging (all these topics) |
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