Toward an Honest Market
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Restructure taxes: offset carbon tax with reduction in
income or payroll taxes
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(Tax what you burn, not what you earn)
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Gradually raise tax on carbon emissions to reach
$200 per ton of carbon by 2020
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A shift from labor to energy taxes in Germany reduced
annual CO
2
emissions by 20 million tons and created
250,000 jobs between 1999 and 2003
Restructuring taxes and eliminating fossil fuel subsidies
would drive the transition to a more honest economy.
Photo Credit: iStockPhoto / Petrovich9
