Econ 372 Abatement
For interest
Campaign ad for West Virginia Senator Joe Manchin
Greg Mankiw started the Pigou Club, dedicated to taxing pollution to reduce DWL
Greg pushed this hard while a member of Harvard's economics faculty, but he seems to get a lot quieter about it when he is working for politicians (head of the George W. Bush Council of Economic Advisers)
What Pigou actually said about externalities...RABBITS?!
Here is the relevant chapter from Pigou's The Economics of Welfare
Cartoon by Tom the Dancing Bug on carbon offsets?
Cap & Trade inventor Thomas Crocker says carbon taxes are better (Business Insider, 2009)