That last idea, a carbon tax or a carbon fee, has been around for a long time. A version of it was conceived by MIT mechanical engineer David Wilson in 1973 and the idea quickly spread.
It was also often copied without credit — and without a key piece of his equation, which has to do with who gets taxed and what happens to that tax revenue. In some ways, the idea of a carbon tax has come full circle: last month, Australia became the first country to repeal a carbon tax.
WBUR's Sacha Pfeiffer speaks with Wilson about his invention.
David Wilson, professor emeritus of mechanical engineering at the Massachusetts Institute of Technology.
Support the news