ClimateWire: "Trump Fed contender: Bring on a carbon tax"
by Scott Waldman
The possible selection of Laffer or Hassett as Fed chair shows that even a second Trump administration would include those who see value in pricing carbon emissions, said Gernot Wagner, a climate economist at the Columbia Business School.
“Even Trump can’t find a Fed chair who is so conservative, so jaded, to not support carbon pricing in general,” he said, adding, “Art Laffer’s policies are not the sort most economists would support these days. On the other hand, it shows that even he believes you have to price the negative carbon externalities.”
Quoted in: "Trump Fed contender: Bring on a carbon tax" by Scott Waldman, ClimateWire/Politico (19 March 2024).
