The Green New Deal Isn’t Outlandish – It’s A Necessity
A recent Washington Post editorial and a letter by leading economists suggest that a carbon tax is the “best first-line policy.” The editorial argues that “a high-enough carbon price would shape millions of choices, small and large, about what to buy, how to invest and how to live that would result in substantial emissions cuts.” It sounds plausible, yet it’s not the right way to approach the problem. … Jeffrey Sachs is university professor and director of the Center for Sustainable Development at the School of International and Public Affairs at Columbia University.
