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Study: Carbon taxes would boost jobs across the U.S.

by Mark Fischetti and Amanda Montañez, Scientific American Highlights: Marilyn A. Brown and Majid Ahmadi of the Georgia Institute of Technology modeled a $25 and $60 tax on each metric ton of carbon dioxide emitted by the U.S. energy system. The $25 tax resulted in more jobs, but substantially less emissions reductions (see charts below). Brown … Read more

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British carbon tax leads to 93% drop in coal-fired electricity

by University College London, Phys.org Highlights: The carbon tax legislation, known as the Carbon Price Support, has resulted in a 93% decrease of electricity generated by coal in the UK. The tax was introduced in 2013 but the energy sector saw a vast decrease in coal dependency once the tax was increased in 2015 Coal … Read more