America’s leading economic establishment has penned a Wall Street Journal op-ed in support of taxing carbon dioxide emissions, eliminating other regulations and returning the resulting money to consumers in the form of a recurring dividend check. Why it matters: The increasing consensus among economists that the best thing to do with any money raised with a carbon...
WASHINGTON—An all-star roster of former Federal Reserve leaders and White House economic advisers are signing on to a new statement in support of a carbon tax on businesses that sends the revenue to U.S. citizens. Former Fed chair Alan Greenspan and former Council of Economic Advisers chief Austan Goolsbee are among dozens of economists now backing a set of...