Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Their points claims that Krugman greatly underestimated the price increase impact of a tax on CO2, when he did no such thing.

The studies he quotes may be wrong, but if there are externalities gains that are greater than tax * consumption, then the net result is a gain. That the price impact would be spread over everything we use rather than a single item makes no difference to its macroeconomic value. I think they are doing double counting without realising it.

Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi

by Cyrille (cyrillev domain yahoo.fr) on Fri Sep 26th, 2014 at 12:59:39 PM EST
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