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Climate Change Policy: Should We Tax the Poor to Help the Rich?

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Publication Date: February 2009

Publisher(s): National Center for Policy Analysis (U.S.)

Author(s): David R. Henderson

Funder(s): National Center for Policy Analysis (U.S.)

Funder(s): National Center for Policy Analysis (U.S.)

Topic: Environment (Weather and climate)
Environment (Environmental policy)

Keywords: emissions; carbon tax; climate change; discount rate

Type: Brief

Coverage: United States

Abstract:

Claims that human-caused global warming will raise average temperatures by 2oC to 5oC over the next 100 years and cause serious harm to society are controversial. However, assuming that global warming will be a big problem, there are two important questions: (1) What should be done about it? and (2) When should it be done?