Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. These days I'm retired, and I can't by law give you advice. While I do make mistakes, I try hard to do my analysis thoroughly, and to make sure my data are correct (old habits die hard!) Also, don't ask me why I called it "Volewica". It's too late, now.

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Sunday, June 29, 2014

Carbon Tax Works

And without affecting growth or employment or .... well, anything, except emissions.

And, oddly, the carbon tax was introduced by a right-wing government and opposed by the left.  Politicians.

The full story in the Mother Jones article, here.

And I repeat: no impact on economic growth, just as there hasn't been in Oz, where our esteemed leader, The Cane Toad, repeatedly and ad nauseam stated that the carbon tax would lead to economic collapse.  And was wrong.

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