Farm Bureau disputes WSU’s upbeat take on carbon tax

From the Capital Press

Carbon tax proponents are calling attention to a Washington State University study that concluded Initiative 732 on the November ballot would slightly boost the state’s farm economy.

The study, led by Gregmar Galinato of the WSU School of Economic Sciences, concludes that an increase in the cost of fuel and other goods would be more than offset by I-732’s other features, which would cut taxes and stimulate consumer demand.

The net result would be a 1.76 percent increase in the value of the state’s agricultural output in the policy’s second year, the authors concluded. Read the rest of the story here.