A Carbon Tax In Time, Saves Nine

June 23, 2005
By Paul R. Portney Resources for the Future As an economist trained to look for the most efficient solutions to policy problems, I'm always delighted when I can say, however softly and cautiously, "Eureka!" As I've learned in my 33 years in Washington, D.C., highly efficient solutions aren't often found -- that is, seldom can we economists and policy analysts say, to paraphrase Benjamin Franklin, "A policy in time will save nine." While the policy I am proposing here won't...


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