A Carbon Dividend Is Better than a Carbon Tax (co-written by Assistant Professor of Economics Mark Paul)

Project-syndicate. org . May 15, 2019

As a response to climate change, a carbon tax is immensely popular among economists from across the political spectrum, and it does have an important role to play. But it is far from sufficient, and putting a price on emissions won’t work if it alienates lower- and middle-income voters.

SARASOTA – Climate change is the world’s most urgent problem, and in the United States, the left, at least, is taking it seriously. Earlier this year, Representative Alexandria Ocasio-Cortez of New York and Senator Edward Markey of Massachusetts, both Democrats, introduced a Green New Deal (GND) resolution, which offers a blueprint for decarbonizing the US economy. But while a growing number of Democratic presidential contenders have endorsed their proposal, centrist Democrats and Republicans continue to cling to a different climate-policy approach.

Read the entire op-ed here.


Located in Sarasota, New College of Florida has educated intellectually curious students for lives of great achievement since its founding in 1960. As the State of Florida’s designated honors college, New College provides an exceptional education that transforms students’ intellectual curiosity into personal accomplishment. The 110-acre campus on Sarasota Bay is home to more than 800 students and 80 full-time faculty engaged in interdisciplinary research and collaborative learning. New College offers nearly 40 areas of concentration for undergraduates and a master’s degree program in Data Science.

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