00605nam a2200085Ia 4500100001800000245005700018260000900075520041600084583001900500  aPearce, David  aRole of carbon taxes in adjusting to global warming.  c1991  aArgues that notwithstanding the dispute over possible effects, a fairly aggressive policy stance is merited and carbon taxes have a number of features to commend them.  In particular they do not distort incentives, and by generating revenue they facilitate reductions in other incentive-distorting taxes.  The disadvantages of the carbon tax are not seen as being so serious as to rule out the tax as an option.  c3/7/00kM2LMGR