Carbon Pricing : Kill or Cure?

Carbon Pricing. Carbon Tax. Emissions Trading. Call it what you will, economists all over the world overwhelmingly agree that some sort of stringent pricing mechanism causing a strong disincentive to emit excess carbon dioxide from industrial or energy related processes, including driving our gas guzzling vehicles, is now absolutely cruical if we're to meet even the upper limit of 2 degrees Celsius of atmospheric warming set out in the 2018 IPCC report. But there is hot debate over whether such policies would inflict yet more economic hardship on those least able to adapt. This week we take a look at the pros and cons.
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Research Links -

https://www.theguardian.com/commentisfree/2019/oct/12/carbon-tax-imf-inequality-climate-change

https://below2c.org/2019/07/carbon-pricing-works/

https://medium.com/@dolanecon/would-a-carbon-tax-really-hurt-the-poor-a1b0d7c019cf

https://below2c.org/2019/05/the-debunking-of-10-carbon-pricing-myths/

https://carbonpricingdashboard.worldbank.org/map_data

https://www.government.se/government-policy/taxes-and-tariffs/swedens-carbon-tax/

https://www.carbonbrief.org/daily-brief/imf-climate-report-calls-for-massive-carbon-tax-in-just-10-years-to-limit-global-warming

https://www.carbonbrief.org/media-reaction-donald-trumps-climate-energy-executive-order

https://www.nytimes.com/interactive/2019/04/02/climate/pricing-carbon-emissions.html

https://www.eia.gov/todayinenergy/detail.php?id=35912

https://www.smh.com.au/environment/climate-change/carbon-price-helped-curb-emissions-anu-study-finds-20140717-ztuf6.html

https://ourworldindata.org/death-uk-coal

https://ourworldindata.org/co2-and-other-greenhouse-gas-emissions

https://cleantechnica.com/2019/03/29/uk-renewables-generate-record-levels-of-electricity-in-2018/

https://en.wikipedia.org/wiki/Renewable_energy_in_the_United_Kingdom

https://www.c2es.org/document/us-state-carbon-pricing-policies/

https://www.theguardian.com/business/2019/mar/22/top-oil-firms-spending-millions-lobbying-to-block-climate-change-policies-says-report

https://www.nber.org/papers/w23250

https://onclimatechangepolicydotorg.wordpress.com/category/carbon-price-floor/

https://www.nber.org/papers/w15239

https://www.irishtimes.com/news/environment/how-not-to-introduce-a-carbon-tax-the-australian-experience-1.3746214

https://www.reuters.com/article/climate-change-china/update-1-china-expects-first-trade-in-national-emissions-scheme-in-2020-idUSL3N21H02B

https://priceoncarbon.org/pricing-mechanisms/pricing-pricing/




#carbontax #carbonpricing #emissionstrading