December 29th, 2012

In Ireland, Carbon Taxes Pay Off – NYTimes.com

by Alex Hallatt

I just read a really interesting article on how carbon taxes can do more than reduce emissions:

Even more significantly, revenue from environmental taxes has played a crucial role in helping Ireland reduce a daunting deficit by several billion euros each year.

via In Ireland, Carbon Taxes Pay Off – NYTimes.com.

I wish a lot more Governments had the guts to implement carbon taxes.