GFM Network News

The case for a carbon tax (and refund system)

Only with a well-structured refund mechanism will a carbon tax be fair to farmers

Carbon taxes are controversial. Especially contentious is the question of whether such taxes should be applied to farmers. Before farmers make up their minds about carbon taxes, it’s important that they encounter a clear explanation of how a well-structured agricultural carbon tax could work, and how such a tax could help increase net farm incomes.