"Research shows that curbing climate change and growing the economy can and must go hand-in-hand. A well-designed carbon price can help the United States achieve its climate goals while improving economic efficiency and fostering growth."
This is an excellent article promoting carbon pricing, which I thought was especially interesting because I have been working on Carbon Washington's campaign for a carbon tax in our state. Carbon Washington's approach is basically the same policy as the one in B.C., which has full support of their residents. The article states that "as a result of the revenue-neutral tax swap it implemented, the province used carbon tax revenue to reduce other taxes. It now has the lowest personal income tax rates in Canada and one of the lowest corporate income tax rates in North America."
Hopefully we will see a similar implementation and results in our state and hopefully the U.S. as a whole! This article makes it seem like there is no reason not to get on board with carbon pricing.
Read the rest of the article here
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