What are the advantages and disadvantages of carbon and gasoline taxes? Ian W. H. Parry of Resources for the Future and AEI’s Kenneth P. Green, Kevin A. Hassett, and N. Gregory Mankiw will examine the pros and cons of carbon and gasoline taxes, discuss possible levels at which they could...

Any policy to control carbon dioxide emissions should take the form of a carbon tax or a cap-and-trade system with all permits sold at auction.

What is wrong with current U.S. energy tax policy? What kind of policy is appropriate for the twenty-first century?

A twenty-first-century energy policy would shift the United States away from fossil fuels and toward renewable energy while reducing the cost to taxpayers and aligning private and social interests.

Our national energy tax policy is misguided in at least three ways.