[From Vermont Public Radio]
At the moment there are a few proposals in the Vermont Legislature that would tax carbon. Dr. Jon Erickson, a professor at the University of Vermont’s Gund Institute for Ecological Economics, says they work by encouraging certain types of consumption, and discouraging others.
“The idea would be to place a tax on things that we don’t like, that we don’t want, so in this case, carbon pollution. And move the tax off of things that we do, so other forms of consumption income or employment.”