CLIMATE Like the Justice League, but for Climate Economics 27 Nobel Prize in Economics winners + 4 former Fed chairs + 2 former Treasury secretaries + 12 former chairs of the Council of Economic Advisers= The Climate Leadership Council It's an all-star cast of economists (we're talkin' Janet Yellen, Amartya Sen, Larry Summers...) who came out in support of a carbon tax on businesses in a WSJ op-ed. Their plan advocates replacing current "cumbersome" environmental regulations with a tax on companies that release environmentally harmful carbon into the atmosphere. In theory, that should incentivize the private sector to use cleaner energy and implement climate-friendly tech at a faster clip. What's in it for you? A little "political sweetener" to win bipartisan support. The plan suggests sharing the tax proceeds with the American people to offset higher energy costs firms will have to pass on to consumers. Supporters say the tax would generate about $200 billion per year to start—which would translate to $2,000 for a family of four. Zoom out: These economists know they have some selling to do. Even in left-leaning Washington State voters rejected a statewide carbon tax last November. + And wouldn't ya know: The World Economic Forum just identified environmental concerns as the biggest risk businesses (and the world) currently face. Via Bloomberg