Commentary: Global carbon tax would be better than cap-and-trade

12/3/2008 | Wall Street Journal, The

President-elect Barack Obama should place a tax on carbon dioxide emissions instead of adopting a cap-and-trade system in working to prevent climate change, write Ralph Nader and Toby Heaps. Former Vice President Al Gore advocated a carbon tax, and Obama should make the tax global in order to prevent out-of-control environmental protectionism, Nader and Heaps argue.

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Wall Street Journal, The

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