Back carbon tax, leading economists tell politicians
More than 200 experts say policy is best way to fight climate change
More than 230 academic economists have signed an open letter to the leaders of the federal political parties, urging them to acknowledge that putting a price on carbon is "the best approach" to combatting climate change. In a rare show of agreement...That's an astonishing number for academics not typically inclined to act collectively and quickly on policy issues, Mr. Finnie said.
Interestingly, the economists also mention cap and trade, but see it as more "complicated" and that "regulation" is the most expensive approach because you don't have a "choice". On that note, when confronted with the above, NDP Environment critic Nathan Cullen said the economists have it wrong. Yes, the NDP knows best, not economists. Gotcha.
What is really striking here, the fact that so many economists have jumped on board, which speaks to a real fundamental appeal. Last time I checked, economists don't generally endorse policies which would harm our economy. If, we take the Conservative logic, then Canada is doomed, because our economic ranks are full of "crazy" people, who are willfully endorsing financial peril.
The carbon tax is a sound economic policy, supported by the vast majority of expert opinion. Period. Any other argument is just PARTISAN noise.