Policy Documents

Carbon Tax Would Raise Unemployment, Not Swap Revenue

David Kreutzer & Nicolas Loris –
January 8, 2013

Those interested in raising revenue and combatting global warming miss 3 crucial points in instituting a carbon tax.  

  1. It would damage the economy
  2. It woud not save the planet
  3. It would not result in any revenue neutraility or revenue swap/offset

Therefore, the brief concludes that the tax would harm the economy and have little to no impact on the environment.