Comprehensive study: carbon taxes won't hamper the economy, but global warming will

in every policy scenario, in every model, the U.S. economy continues to grow at or near its long-term average baseline rate, deviating from reference growth by no more than about 0.1% points. We find robust evidence that even the most ambitious carbon tax is consistent with long-term positive economic growth, near baseline rates, not even counting the growth benefits of a less-disrupted climate or lower ambient air pollution

The last sentence is critical. The analyses consistently found that coal power plants would be the biggest losers if a carbon tax were implemented, and the costs associated with health impacts from other pollutants released by burning coal (e.g. soot and mercury) are substantial. Phasing out coal power plants results in significant health and economic benefits to society.