2009-08-05

No Magic Carbon Price Point for Kicking Fossil Fuels into History's Dustbin. By Charles Komanoff and James Handley, Carbon Tax Center, July 25, 2009. "With just a modest carbon emissions price, many steps to improve energy efficiency become more attractive. But the more costly ones obviously require a higher expected price... There's no market-clearing carbon emissions price to usher in some 'breakthrough' and kick fossil fuels into history's dustbin. A steadily -- and predictably -- rising price on carbon will do the trick. (To see how far and fast, download our Carbon Tax Impact Model and plug in your own carbon price.)"

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