The pope’s climate encyclical does not oppose carbon pricing. Quite the reverse, as we will see. Leading climate economists who support putting a price on carbon, including William Nordhaus and Robert Stavins, have criticized the pope for supposedly opposing or ignoring carbon taxes and/or carbon pricing. I have long thought that some people were misreading and overemphasizing one paragraph in the encyclical at the expense of others that are clearly supportive of carbon pricing.
Yes, The Pope Supports A Carbon Price. Economists Just ‘misinterpreted The Encyclical.’
Joe Romm, Think Progress
Wed, 10/07/2015 - 10:08am
Topics: anthony annett international monetary fund columbia s earth institute religions peace april pontifical academy sciences si before paragraph earth summit rio stockholm declaration polluters again benedict rome credit ap photo/andrew medichini despite the pope market october the new york review books my similarly robert stavins director harvard environmental economics program new york times on monday clean development mechanism cdm english russian given u.n intergovernmental panel climate change vice chair korean hoesung lee lee ipcc eu china california tags carbon changepope francis the the pope supports a carbon economists just misinterpreted the thinkprogress i nordhaus william nordhaus robert stavins vatican annett un i it in i encyclical pope francis the pope francis june stavins stavins italian pope s chair price costs offsets long cost global taxes full people thought systems projects fact clear refer read markets authors fully borne call told key market-based abuse and/or central source resources embrace scheme future term part cap-and-trade assume
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