Will People Pay More if a Carbon Tax is Implemented?

Notwithstanding the arguments against a Carbon Tax and the economic logic that implementing such a tax makes. Notwithstanding the fact that this idea is bipartisan…at least prior to the past several years when the entire goal of the party that controls both houses of Congress is to stop this President from doing anything. There seems to be a willingness to pay the out of pocket cost necessary to meaningfully reduce climate altering emissions.

carbon tax greenhouse emissionsThe survey results shown in the attached article are interesting. But the question asked near the end of the piece is much more telling.

“There are some limitations to this exercise that are worth noting. It’s a hypothetical question, so people might like to think they might pay more than they really would. Even if this poll has accurately caught a measure of societal willingness to pay, it is not the same thing as how people or their elected representatives will vote.”

What people say they will do and what they actually will do are often very different. When the information is muddled by misinformation as we see every day, the views of those effected can change quickly.

I do hope that these findings hold…

Read the full article:
Americans Appear Willing to Pay for a Carbon Tax Policy
Limited free access; NY Times subscription may be required.

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