We are already paying a high price for fossil fuels: strange and severe weather, asthma and cancer cases, a Northwest economy weakened by huge bills for importing coal, oil, and gas, and the political vice grip that Big Oil has on our democracy. Last year, Portland State University (PSU) gave the Oregon legislature a teaser about how to face those problems with a carbon tax. Intrigued by the possibility of holding big polluters accountable and generating revenue for Oregonians, the legislature asked for more information, and this week PSU’s Northwest Economic Research Center (NERC) delivered. The new and expanded analysis concludes that charging carbon polluters would cut pollution and it could create jobs and raise wages. If Oregon spends the money right.