Monique Verdin, "Headwaters : Tamaracks + Time : Lake Itasca" (2019), digital assemblage. Photograph taken in 2019; United States War Department map of the route passed over by an expedition into the Indian country in 1832 to the source of the Mississippi River.

Good Time for Carbon Tax

March 12, 2015

With the recent steep fall in oil prices and associated declines in other energy prices, the stars are aligned for adopting a carbon tax on consumption of fossil fuels, Lawrence Summers, a former treasury secretary and presidential adviser, says in the Washington Post. While favoring such a move, two economists have argued in Issues for even broader changes in tax policies, such as ending various energy supply subsidies, to maximize reductions in carbon emissions linked to global climate change.