
A wide-ranging discussion with leading climate economist Richard Tol
Power Hour with Alex Epstein
00:00
Is Carbon Tax a Green Climate Policy?
i think it's precisely the way in which government pursues climate policy that ma things worse. Not that i'm in favor of carbon tax, but it's infinitely worse than a carbon tax would be. green, central planning tends to be based on a view that energy is not as important as climate. If there were truly a free market and energy, there would be not anywhere near this supply shock. We saw prices months ago that we would have wanted internationally. We don't need today's crazy prices. And if you look at things that b p and others were saying about, ya-we might be at oil,. That was based on, i think, underestimating the value of energy
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