Putting a Price on Carbon: Ensuring Equity

World Resources Institute / by Noah Kaufman and Eleanor Krause

[Politico’s Morning Energy email] Imposing a carbon tax or cap-and-trade program will create hardships for low-income households who will face more expensive products and coal miners who may lose their jobs, unless policymakers use the carbon windfall to ease their pain, the World Resources Institute says in a policy brief out today. “By using just a small portion of carbon pricing revenue to specifically target low-income households and coal communities, policy designers can ensure that these groups are better off under a carbon price than alternative policy pathways,” the report says.


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