Date of Publication: Jan 05, 2015

Author: By: Tim Worstall

Summary:

The standard case: emissions are an uncosted externality; we’d like them to be included in market prices; and the recent falls in the crude oil price mean that no one’s going to feel too much pain from the imposition of a 25 cents a gallon tax.

Link to Full Reading:

https://www.forbes.com/sites/timworstall/2015/01/05/larry-summers-calls-for-a-carbon-tax-now-that-oil-prices-have-fallen/