MIT study suggests carbon tax could help reduce US deficit, lower other taxes, reduce emissions
Green Car Congress
AUGUST 27, 2012
A new report from MIT’s Joint Program on the Science and Policy of Global Change suggests that a tax on carbon emissions could help raise the money needed to reduce the US deficit, while improving the economy, lowering other taxes and reducing emissions. In the report— Carbon Tax Revenue and the Budget Deficit: A Win-Win-Win Solution? They found that the tax would raise $1.5 in support of a carbon tax in a February opinion piece in The Washington Post.