Is a policy right if justified for the wrong reason?
NOVEMBER 7, 2012
Barack Obama may consider introducing a tax on carbon emissions to help cut the U.S. budget deficit. after winning a second term as president, according to HSBC Holdings Plc. A carbon tax starting at $20 a ton of carbon dioxide equivalent and rising at about 6 percent a year could raise $154 billion by 2021, Nick Robins, an analyst at the bank in London, said today in an e-mailed research note, citing Congressional Research Service estimates.