Carbon tax. Corporations collect taxes, they don’t pay them. The taxes are collected from you.

Selling carbon credit is the only income, besides government handouts, that Elon Musk makes on his electric car. You end up paying on both ends.

http://www.economicpolicyjournal.com/2018/10/breaking-two-americans-awarded-2018.html#more

RW

Both are technocrats for state tinkering with the economy.

Nordhaus is an academic child of the current climate change craze and was cited for his work on the implications of environmental factors, including climate change. He is, a professor of economics at Yale University, who pioneered the economic analysis of climate change from a statist perspective. We are not talking Walter Block here. He is also a leading proponent of the statist use of carbon taxation to reduce emissions. Read the rest of this entry »