Listen Up: Carbon Tax

source: http://feedproxy.google.com/~r/SolarEnergyrssFeed/~3/PwpZEDuwpsU/listen-up-carbon-tax.html

“Pigovian Tax.” If you know what this means, then you can skip this week’s Energy Show on Renewable Energy World. For everyone else (including me until I looked up the word) a Pigovian tax is a tax levied on an undesirable market activity to offset the negative effects of said activity. The carbon tax is a Pigovian tax — hence the addition of this obscure word to our Renewable Energy World vocabulary.

 

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