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Heavy economists to challenge Trump on klimatskatt

The former central bank governor Janet Yellen hope in a statement that the new petition will be ”a turning point in american climate policy'. She has, along

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Heavy economists to challenge Trump on klimatskatt

The former central bank governor Janet Yellen hope in a statement that the new petition will be ”a turning point in american climate policy'.

She has, along with a long list of economics laureates, and a large part of the economic-political elite in the united states-signed a letter published in the newspaper the Wall Street Journal.

Among the plan's promoters are former finance and foreign ministers in both democratic as republican governments. The group also found a broad range of economic chief advisor to previous presidents, from George HW Bush to Barack Obama.

All four living former Fed bosses are standing behind the statement.

– It is a very impressive collection of people who have written in. But there's also a full consensus among ekonomiforskare that it is a utsläppsskatt needed, " says John Hassler, professor of economics at Stockholm university.

the institute, the Climate Leadership Council, which advocates for a national tax on carbon that gradually rises to reach the emissions targets. The plan also includes instruments for exports and imports. It is called ”border carbon adjustments”.

the Money the tax generates are meant to be paid back to the american population in equal parts. A carbon tax, which is equivalent to 40 dollars per ton can give a two child family 2,000 dollars (18.000 sek) in annual bonuses, according to the calculations.

– To introduce a carbon tax in the united states going to Washington, it is absolutely impossible. But the money goes back to households, it is maybe feasible, " says John Hassler.

a similar system. The revenue from a federal klimatskatt returned to the states, which disposes freely of the money.

John Hassler think it may be the right method for more countries. He mentions France as an example, where an increase of diesel has sparked violent protests.

– That each country discuss how to introduce the klimatskatter that are perceived as appetizing is very important. It may be to simply bribe the citizens.

in Sweden the model is not necessarily equal attractive.

– Sweden does not have the same political problems. Here we have the world's highest carbon tax, though it goes to the minister of finance, " says John Hassler.

has received the support of large companies, including oil companies BP and Shell. The world's largest private oil company Exxon Mobil has recently weight 1 million dollars for lobbying in favor of the proposals.

John Hassler says he usually is a bit skeptical about such initiatives.

– It often seems to be about pr and about to get the money for development projects. But this is something else, and it is very interesting.

At the White house rolls the plans at the same time to dismantle the various klimatregleringar, bränsleförbrukningskrav on new cars. President Trump and his ministers have dismissed the criticism and referred to the recent years ' decline in U.S. greenhouse gas emissions.

in 2018, however, increased U.S. carbon dioxide emissions, according to preliminary estimates from the company Rhodium Group.

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