While the carbon tax has received a lot of negative publicity in the United States over the decades, more and more countries have been implementing carbon pricing schemes of their own. It raises the question, could carbon pricing be the cost of decarbonization? Economist Catherine Wolfram delves into economic policy and the many creative economic incentives to reduce carbon emissions, gives us a look at where things currently stand in the United States and abroad, and explores whether American carbon pricing might soon be feasible.

What if it works? is a production of the MIT Energy Initiative. This episode was hosted by Rob Stoner and Kara Miller.

Transcript and show notes at energy.mit.edu/podcasts