Friday, September 19, 2014

Industry's Tiresome response to Carbon Pricing


My response to Paul Krugman's editorial in today's New York Times:

Krugman is absolutely right about the tiresome response from industry that real carbon pricing will slow economic growth. We had this argument twenty years ago when getting rid of acid rain. I don't see any less industry today because some added costs were put on to eliminate acid from smokestack emissions and on the other hand I do see the green having come back to trees in Vermont mountains.

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