Mitchell Family Professor of Economics Emeritus Tom Tietenberg discusses conservative Republican Bob Inglis’s proposal for a revenue-neutral carbon tax that Inglis believes would level the playing field for all energy suppliers, leaving energy choices to the market. According to Tietenberg, empirical evidence suggests that a revenue-neutral tax would actually stimulate the economy and employment growth, nullifying the argument that a carbon tax kills jobs.

Tietenberg notes that “the overlap between the Republican desires for a more cost-effective energy policy and the Democratic quest to reduce the threat from climate change … should be encouraging to those who seek bipartisan solutions.”