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- Title
THE CARBON TAX TANGO.
- Authors
Mintz, Jack; Jaccard, Mark
- Abstract
The article presents the arguments of economists Jack Mintz and Mark Jaccard on the carbon tax policy in Canada. Mintz projects that a carbon tax most likely results in a negative red dividend because it falls most heavily on the poor, whose consumption of gasoline, electricity and heating fuel tends to be a larger share of their resources compared to the wealthy. Mintz claims that carbon taxes have little appeal in the sense that the green and blue dividends are far from certain and the red dividend is undoubtedly negative. Meanwhile, Jaccard argues that emissions are the issue, not energy use. He adds that emissions can be reduced while using more energy if consumers switch to lower carbon fuels and the fossil fuel industry adopts carbon capture and storage.
- Subjects
CANADA; CARBON taxes; MINTZ, Jack; JACCARD, Mark; ECONOMISTS; ENVIRONMENTAL impact charges laws; GREENHOUSE gas mitigation; DIVIDENDS; ENERGY consumption
- Publication
Alternatives Journal (AJ) - Canada's Environmental Voice, 2006, Vol 32, Issue 3, p32
- ISSN
1205-7398
- Publication type
Article