Economic Advantages of a Carbon Tax Are Pure Fiction

Benefits promised by economists from a carbon tax sound too good to be true – and they are.

Dozens of heavy-hitting economists have sent a letter to the WSJ, praising a bipartisan revenue-neutral carbon tax that halts climate change, eliminates inefficient government regulations, and makes most families richer. It would be more fitting for Nobel laureates in literature to pen such a plea, because it’s based entirely in fiction.