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As economists, policymakers and other leaders eye carbon taxes as a climate policy solution, the Center on Global Energy Policy launched a new video that provides the basics on how carbon taxes work and what tradeoffs to consider when designing policy. The video addresses carbon taxes’ implications for the economy, the environment and energy.
November’s election for president of the United States will have crucial implications for the nation’s and world’s energy and climate policies.
Why is the United States struggling to enact policies to reduce carbon emissions? Conventional wisdom holds that the wealthy and powerful are to blame, as the oligarchs and corporations that wield disproportionate sway over politicians prioritize their short-term financial interests over the climate’s long-term health.