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Opinions from 71 influencers(add more?) of which:
Elon Musk Founder of SpaceX, cofounder of Tesla, SolarCity & PayPalNot paying carbon taxes is like not paying for garbage collection.
Greg Mankiw Harvard professor in economicsPeople don't want to think about climate change every time they do every decision. They can't. What a carbon tax does is it nudges them in the direction of doing the right thing. But you can cut other taxes in response.
Barack Obama Former President of United States of AmericaI have long believed that the most elegant way to drive innovation and to reduce carbon emissions is to put a price on it
Bill Gates Philanthropist. Founder and former CEO of Microsoft.The push is the R&D, the pull is the carbon tax. Yes, the government will be somewhat inept, but the private sector is in general inept. How many companies do venture capitalists invest in that go poorly? By far most of them.
Bob Inglis Former CongressmanYou then offset that [carbon tax] with a reduction in payroll taxes, dollar for dollar. And that's why I was so flexible. It's a tax swap, that's what I was talking about. It wouldn't grow the government, and it would approximate the attachment of these negative externalities to combustion fossil fuels.
Jerry Taylor President, Niskanen CenterThe cost of a carbon tax (likely less than 0.8% of GDP) is well south of the expected costs of warming by 2100 (as mentioned earlier, a conservative 3.6% or more of GDP).
Katharine Hayhoe Atmospheric scientist and associate professor of political science at Texas Tech UniversityWe don’t have a price on carbon. And because there is no price, we lack the information to make sound decisions.
Paul Krugman Economist (nobel laureate) and NY Times columnistEmissions taxes are the Economics 101 solution to pollution problems; every economist I know would start cheering wildly if Congress voted in a clean, across-the-board carbon tax.
Kenneth Gillingham Associate Professor of Economics, Yale UniversityCarbon pricing achieves emissions savings by making the carbon content of every decision that you make salient or clear to the person making the decision
Jefferey Sachs American economistEach region of the world should introduce a tax on CO2 emissions that starts low today and increases gradually and predictably in the future
Erik Brynjolfsson Professor at MITIf we're willing to send half a million fellow citizens into battle, to protect oil supplies and our economic way of life, we should be no less willing to make the small sacrifice of paying more for gasoline. A revenue-neutral plan that reduced Social Security taxes by $1 billion for every penny a gallon of gas tax would leave the working poor and middle class better off than before. In the long t... See More
Ted Halstead Author, public speaker and social entrepreneurIt is pro growth, pro competition, pro jobs, deregulatory, and it will help the working-class voters that Trump promised to help.
Charles Wheelan I teach public policy at Dartmouth. I am the author of Naked Money, Naked Statistics, and otheEven in the face of uncertainty over the effects of global warming – including whether it is happening at all – the policy we ought to pursue is a no-brainer. We ought to protect ourselves from a potentially catastrophic outcome by curtailing carbon emissions now.
WiIlliam Nordhaus Professor of economics at Yale UniversityActually from an economic point of view, it's a pretty simple problem
Richard N. Cooper American economist, policy adviser, and academicLevying a charge on CO2 raises the price of CO2-emitting activities,including fossil fuel use, and thus is the most direct method of influencing consumer and industrial behavior on a world-wide scale.
Martin Feldstein Economics Professor @ Harvard University & President Emeritus, National Bureau of Economic ResTwo-thirds of American households will receive more in carbon dividends than they will pay directly in carbon taxes.
Irwin Stelzer Economist, journalist for Sunday Times (London), consultantNo need to compromise on the one solution that almost every economist agrees would be a prudential, efficient way to reduce emissions—a carbon tax.
James Baker American attorney and statesmanYou can't look at this as a tax, even though the word 'tax' is used
Steven Running Regents Professor, Forest Ecology, College of Forestry & Conservation at the University of Mon...We really need to put a carbon tax that represents the impact carbon emissions have on the world.
Art Laffer American economist who first gained prominence during the Reagan administration as a member ofA carbon tax would attach the national security and environmental costs to carbon-based fuels like oil, causing the market to recognize the price of these negative externalities.
Robert H. Frank University of California, Berkeley, Georgia Institute of TechnologyReducing CO2 emissions would actually be surprisingly easy. The most effective remedy would be a carbon tax, which would raise the after-tax price of goods in rough proportion to the size of their carbon footprint.
Donald J. Trump President of the USAI will not support or endorse a carbon tax!
Schroders British multinational asset management companyTotal earnings of 12,500 global companies could fall by 20% were the world to limit itself to the 2C temperature rise target agreed in Paris through higher taxes.
Cato Institute A public policy research organization dedicated to individual liberty, limited government, freBoth in theory and practice, economic analysis shows that the case for a U.S. carbon tax is weaker than its most vocal supporters have led the public to believe.
James Delingpole ColumnistBy taxing carbon dioxide (the harmless trace gas which makes the planet greener), the US government would be signalling to the world that it still believes in the man-made global warming narrative. This, in turn, would keep alive the crony-capitalist “renewables” industry in which Paulson, Steyer, Bloomberg and their friends are so heavily invested.
Conference Board Cda Non-partisan Canadian not-for-profit think tankCarbon tax could cause a broad slowdown in economic activity as higher energy prices ripple throughout the economy.
Jake Novak ColumnistAs with all taxes on suppliers, the companies simply pass the costs on to their consumers. In this case, that includes the middle class and poorer consumers who need heat, electricity, and gasoline.
David Blackmon Advocate for energy, common sense politics, and all things Texas. Writer, editor, public speakThe problem with the concept of a carbon tax is that it fails to take into consideration how things actually work in the real world, which has a tendency to take wonderful concepts and create horrible and messy outcomes with them.
Patrick Michaels ClimatologistThe fact that there isn’t any temperature trend whatsoever in the last 16 years is forcing scientists to confront the reality that the carbon taxers are choosing to evade
Oren Cass Senior Fellow @ManhattanInst. Domestic Policy Director @MittRomney 2012The concept of revenue neutrality is a mirage. Yes, every dollar raised by the tax can be sent back to households. Remember, though, that the entire premise oThe tax is to force households and businesses away from cheap fossil-fuel consumption and towa
Dr Robert Gross Director, Centre for Energy Policy and Technology, Imperial College LondoCarbon taxes are doomed to fail because they do little to drive what is needed most: innovation that generates affordable clean energy that all 7 billion humans will want to adopt, not out of altruism or coercion, but out of self-interest.
E. Calvin Beisner Founder and National SpokesmanA carbon tax would be bad for the poor, and everyone else
Noah Smith ColumnistCarbon taxes are undermined by free trade. If you put a tax on carbon-emitting activity in the U.S., it'll raise the domestic price of (for example) coal. This will provide an incentive for U.S. coal miners to export their coal to other countries, especially China, as they are now trying to do. It will also provide an incentive for Americans to buy more imports from countries where it is still che... See More
Alessandro Bruno ColumnistTherefore, carbon credits, carbon taxes, and related schemes are actually more about fueling environmental finance than environmental responsibility. The credits are less about projects and research in sustainable production systems and more about the financial interests underlying the market for carbon credits.
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