"When I talk to people about how to design a carbon price, I think the model is British Columbia. You raise electricity prices by $100 a year, but then the government gives back a dividend that lowers internet prices by $100 year. In real terms, you’re raising the price of carbon goods but lowering the prices of non-carbon-intensive goods."
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Academics from the United StatesJews from the United StatesEconomists from the United StatesNobel laureates in EconomicsPeople from Albuquerque
Original Language: English
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"After Nobel in Economics, William Nordhaus Talks About Who’s Getting His Pollution-Tax Ideas Right: A few governments — notably, parts of Canada and South Korea — have adapted his ideas in ways that frame them as a financial windfall for taxpayers." The New York Times. Oct. 13, 2018.
https://en.wikiquote.org/wiki/William_Nordhaus
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William Nordhaus
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