Charles Komanoff: Getting the Price Right: The Case for Carbon Taxation

Charging American businesses and individuals a price to emit carbon dioxide (CO2) is essential to reduce U.S. emissions quickly enough to prevent atmospheric concentrations of CO2 from reaching an irreversible tipping point. It’s a bedrock economic principle that prices of goods and services should reflect ("internalize" as the economists say) all of the societal costs (such as pollution) that production of the goods or services imposes on society. Yet the prices of gasoline, electricity and fuels in general don’t include many of these societal costs, particularly their impact on global warming.

In this lecture, Charles Komanoff will argue that the rapid transformation we need from a fossil fuels-based energy system to reliance on energy efficiency, renewable energy and sustainable fuels simply won’t happen without carbon taxes sending accurate price signals.

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Mayor Bill de Blasio. Photo: Benjamin Kanter/Mayoral Photo Office

Bill de Blasio’s L Train Shutdown

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If it wasn't already clear that surface streets will have to do serious heavy lifting during the L shutdown, there's no longer any doubt. And yet, the person who can exercise the most control over the streets, Mayor de Blasio, remains stuck in a state of feckless apathy regarding the impending cataclysm.

Today’s Headlines

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Unborn Child Injured by Dorothy Bruns Has Died (News, BK Paper, Post) Cops Knocked a Man Off His Bike With a Car in Queens (Bicycling); Alternate Reality: News Trottenberg: New Meter Zones Will Raise Parking Rates in High-Demand Areas (Post) Lousy NYC Transit Is Pushing More People to Share Ubers (Politico) NYPD Acknowledges That Cops Usually Ignore Bus Lane […]