This post is by Nat Keohane, Ph.D., director of economic policy and analysis at Environmental Defense Fund.
When our media team opened up this morning’s Washington Post, they were delighted to see that Environmental Defense Fund was featured in an article about high energy prices and the connection to climate policy. Delighted, that is, until they read the article – which badly misrepresents our views.
Discussing the potential for perverse incentives from high gas prices in the absence of a cap on carbon, the reporter wrote:
The way to fix that would be a carbon tax or some other mechanism that would reflect the environmental cost of greenhouse gas emissions, Keohane said.
Those of you familiar with climate policy might have just spit out your coffee. EDF calling for a carbon tax? What gives?
In fact, I said nothing of the sort.