Seven Reasons Taxing Carbon Won’t Fly (and shouldn’t)

Pricing is considered the best policy for reducing carbon emissions, and carbon taxation monopolizes the conversation. To be sure, a carbon tax will reduce emissions; we get less of anything we tax. The tax, however, has serious drawbacks worth discussing since other carbon pricing options are available. Adopting a carbon tax will, I fear, damage public confidence in government, which cannot afford further setbacks. We will likely have just one bite at the carbon policy apple. Do-overs may not be an option. This article lists seven flaws of taxing carbon.