A smart friend recommends this article past times Yale economist Bill Nordhaus. The Pigou Club endorses the conclusion:
The postulate for taxes on unloose energy externalities such equally carbon emissions is key to our mightiness to cut down the harmful side effects of economical growth. It is strike how the political dialogue inward the the States has ignored a policy that has then many desirable features. Perhaps, inward the most future, faced amongst the deadline of a dire economical situation, negotiators volition formulate such a policy. It would generate substantial revenues piece bringing then many long-run economical together with environmental benefits. Simply put, externality taxes are the best financial musical instrument to apply at this time, inward this country, together with given the financial constraints faced past times the US.Sumber https://gregmankiw.blogspot.com/
