The End to Global Warming

As of January 16, 2019, 45 eminent economists now call for a refundable carbon tax to counter global warming in a meaningful way. “A carbon tax offers the most cost-effective lever to reduce carbon emissions at the scale and speed that is necessary,” the economists wrote in letter published in the Wall Street Journal. A key feature of their recommendation that the tax revenue be rebated to low and middle-income families to avoid stout resistance to the economic harm that befell families in France.