New survey finds economists want climate action
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In a semiannual economic-policy survey by the National Association for Business Economics, more than two-thirds of the 205 respondents said U.S. policy should do more to mitigate climate change.
The big picture: “Seventy percent of respondents believe that economic policy should do more to mitigate climate change, while 55% believe that the federal government should enact a broad-based energy or carbon tax to boost government revenue,” NABE survey chair Ilan Kolet, Institutional Portfolio Manager at Fidelity Investments, said in a statement.
Of note: NABE's survey also found that nearly half of all its members expect the Fed to raise interest rates next year, despite projections from the Fed and insistence from chair Jerome Powell that it will not raise rates until after 2023.
