Crago, Christine Lasco; Khanna, Madhu - In: Journal of Environmental Economics and Management 67 (2014) 2, pp. 89-103
A carbon tax on fuel would penalize carbon intensive fuels like gasoline and shift fuel consumption to less carbon intensive alternatives like biofuels. Since biofuel production competes for land with agricultural production, a carbon tax could increase land rents and raise food prices. This...
