The Carbon Tax: Washington's Latest Bad Idea, Oddly Shepherded by Republicans | Cato Institute

The Carbon Tax: Washington's Latest Bad Idea, Oddly Shepherded by Republicans | Cato Institute: "One can use the EPA’s own model (curiously, acronymed MAGICC) to assess the effects on global temperature of emissions reductions that would be caused by a carbon tax. Assuming outrageously high taxes that would reduce them by 83% (giving Americans the per-capita emissions of 1867), the amount of warming that would be prevented is too small to measure on the 50-year time scale."