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Opinion
The Editors

Do Carbon Taxes Just Feed the Beast?

A look at other countries shows that when governments promise to make carbon taxes revenue-neutral, they usually keep their word.
Let's not jump to conclusions.
Let's not jump to conclusions.

Countries introducing a carbon tax to cut greenhouse-gas emissions have mostly found that the policy works, and that jobs and incomes don't suffer. This leaves two further concerns: first, that carbon taxes feed the beast of bigger government, and second, that they hit the most vulnerable people hardest.

Again, the record is encouraging: Both concerns are overblown.