Author:
Metcalf, Gilbert E. author.
ImprintNew York : Oxford University Press, [2019]
Descriptionx, 188 pages : illustrations ; 25 cm
Note:Climate change : what's the big deal? -- Business as usual : what are the costs? -- Why do economists like a carbon tax? -- Isn't there a better way? (No, there isn't) -- Cap and trade : the other way to price pollution -- What to do with $200 billion : give it back -- So you want a carbon tax : how do you design it? -- Objections to a carbon tax -- Enacting a carbon tax: how do we get there? -- Afterword : what next? -- References -- Notes.
Bibliography Note:Includes bibliographical references (pages 165-175) and index.
Note:Paying for Pollution incisively examines the very real costs-economic and social-of climate change and the challenges of concerted action to reduce future losses due to damages of higher temperatures and more extreme weather. Gilbert E. Metcalf argues that there is a convergence of social, economic, environmental, and political forces that provides an opening for a new approach to climate policy, one based on market principles that can appeal to politicians acrossthe political spectrum. After all, markets work best when the price of a good reflects all its costs.