No Danger in Implementing a Carbon Tax

Fighting global warming with a carbon tax would cause virtually no negative economic impact in first two years and offer an economic boost thereafter. At $50, a carbon tax would shave about 0.09 per cent of GDP in 2010. However by 2020, the impact would become slightly positive for the economy, working out to a 0.004 per cent increase. there you have it. Lets get on with it.