Here is an interesting perspective, for all you revenue recycling fans (increase environmental taxes and decrease income taxes), we've just permanently cut income taxes for 99%+. Now it is time to pay for those tax cuts (since the Laffer curve is upward sloping in this range of tax rates). Andrew Samwick:
Maybe the next step is as Brad DeLong suggests -- they are now Obama's tax cuts, so he has to find a way to fund them. A large carbon tax to recover much of the revenue would complete the "Green Tax Swap" that I have long wanted to see. ...
"This blog aims to look at more of the microeconomic ideas that can be used toward environmental ends. Bringing to bear a large quantity of external sources and articles, this blog presents a clear vision of what economic environmentalism can be."
Don't believe what they're saying
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... the Environmental Economics blog ... is now the default homepage on my browser (but then again, I guess I am a wonk -- a word I learned on the E.E. blog). That is a very nice service to the profession. -- Anonymous
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