Economist Approach to Climate Change

Recently, NPR’s Planet Money team discussed the economics of climate change legislation.  

Here is a description of the story: 

 

Climate change seems like this complicated, intractable problem. But maybe it doesn’t have to be.

 

On today’s show, we talk to a couple economists about a very simple idea that could solve the climate-change problem: Tax carbon emissions.

 

A carbon tax could be paired with cuts in the income tax. And it would drive down emissions without picking winners or losers, and without creating complicated regulations.