00652nam a2200109Ia 4500 Pearce, David Role of carbon taxes in adjusting to global warming. 1991 Argues 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. 3/7/00 M2LMGR A 20836 20836 0 0 0 0 CRCM CRCM 2023-05-04 0 0000000014850 2023-05-04 00:00:00 2023-05-04 A