16-12-2020 14:00 via sltrib.com

Letter: Even economists support a carbon fee

Yes, climate change impacts our health and environment. But let’s not forget the impact on our economy and therefore our livelihoods.A 2015 Stanford University study shows that if we do nothing to address climate change the costs to deal with its effects will reduce the U.S.’s GDP by 37%. A G30 study published this year predicts a 25% reduction. That means the goods and services we as citizens provide to our communities will be worth approximately 37% to 25% less, a considerable loss
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