Source: Niskanen Center
by Jia-Shen Tsai
“Tax season is a useful reminder that how we organize financial information matters just as much as the numbers themselves. Taxpayers file returns, but the underlying numbers come from employers, who report wages directly to the government. Without that upstream reporting, the total simply would be error-prone. That’s true, too, of carbon accounting: There are several ways to measure emissions, each targeting a different node in the supply chain.” (05/06/26)
https://www.niskanencenter.org/accounting-burden-in-carbon-tax-cap-and-trade-cbam