A speech by David Morris originally delivered as a keynote address to the Building With Value conference in Seattle, Washington in November 1993.
This 1991 report by David Morris looked at the implications of establishing a carbon tax in Minnesota. Minnesota should impose a carbon tax designed to raise revenue rather than to change behavior. A reasonable tax might be $6 per ton, in line with taxes already imposed by European governments, although lower than those proposed by the European Commission. Such a tax would raise the cost of energy and raise revenues and might encourage efficiency.
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