Evidence on carbon tax from high oil prices
June 4, 2008
The high oil prices of 2008 have lead to a similar historical result as in the 1970s: the notorious oil-burner Americans cut back on their carbon-dioxide emission habits. I think this shows that the main source of carbon emission, namely fossil fuels, is price and income sensitive, and if you raise the price, consumption and… » read more
Posted by Dániel Antal
