The EU, Canada, and Japan are in the aggregate much more significant tradeI think we're missing the bigger issue: Why a carbon tariff? Why not just a tax on carbon content for domestically and foreign produced goods? Why give domestic producers a "carbon subsidy?"
partners than China/Mexico/Brazil. And the case for them charging us carbon
tariffs seems about as good as the case for us charging the Chinese.
In the beginning, there were institutions...thoughts on institutions, economics and other random topics.
Friday, October 16, 2009
Carbon Tariffs
From Matt Yglesias a few days ago:
Labels:
Environment,
Political Economy,
Trade
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