As President Macron caved into the yellow vest fuel tax protests, President Trump was triumphant.
The French humiliation showed people rejected the sort of carbon taxes supported by the UN’s climate deal, he tweeted.
Of course it’s more complicated than that, because it depends on what sort of carbon taxes and how they are imposed.
Green economists say carbon taxes are a good idea - but they insist that governments must protect the poor from the side-effects.
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