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Argument: A carbon tax can be easily adjusted over time to achieve desired emissions results

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Supporting evidence

Ron Bailey, "Carbon Taxes Versus Carbon Markets", 5/24/07 - "taxes can be adjusted over time to achieve whatever limits policymakers decide best balance the costs of climate change with the benefits of economic progress."

William Nordhaus has suggested that a good carbon tax trajectory, which balanced costs and benefits, would start with a tax of about $17 per ton, rising to $84 in 2050 and $270 in 2100.

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