Another analysis that finds a carbon tax could reduce emissions - TopicsExpress

Another analysis that finds a carbon tax could reduce emissions and stimulate the economy. Last year, Portland State University (PSU) gave the Oregon legislature a teaser about how to face [climate] problems with a carbon tax. Intrigued by the possibility of holding big polluters accountable and generating revenue for Oregonians, the legislature asked for more information, and this week PSU’s Northwest Economic Research Center (NERC) delivered. The new and expanded analysis concludes that charging carbon polluters would cut pollution and it could create jobs and raise wages. If Oregon spends the money right. NERC modeled carbon taxes ranging from $10 to $150 per ton of greenhouse gas pollution. The tax would apply to pollution from burning fossil fuels, such as coal, petroleum, and natural gas. It would tax pollution from coal burned outside the state to generate electricity used by Oregonians... In every scenario other than $10 per ton, a carbon tax would enable Oregon to meet its 2020 goal of trimming pollution 10 percent below 1990 levels by 2020.

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