World’s first global carbon tax was about to be introduced. Trump dealt a ‘devastating blow’ to the deal. After the Trump administration threatened countries with tariffs and visa restrictions, a first-ever global carbon tax is left to an uncertain future.
Source: The_Weekend_Baker
1 Comment
I rather have hard imposed limits than tax. Because with tax some people can continue their old behavior. It enhances inequality and is not constructive enough for the climate.
The longer we wait with imposing limits, the harder and wider they need to be, in a shorter timespan.