Faculty News

Professors Robert Engle, Thomas Sargent and Michael Spence are among signatories on a joint statement regarding a carbon tax

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Excerpt from The Wall Street Journal -- "A carbon tax offers the most cost-effective lever to reduce carbon emissions at the scale and speed that is necessary. By correcting a well-known market failure, a carbon tax will send a powerful price signal that harnesses the invisible hand of the marketplace to steer economic actors towards a low-carbon future."

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