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Sky-high carbon tax needed to avoid climate catastrophe, say experts

carbon taxing
The aim of a steep tax on carbon would be essential to meet the targets set by the Cop21 Paris Agreement in 2015, the experts said. Photograph: Jasper Juinen/Bloomberg/Getty Images

Economists, including Joseph Stiglitz and Nicholas Stern, say taxes of $100 per metric tonne could be needed by 2030

May 29, 2017 — A group of leading economists warned on Monday that the world risks catastrophic global warming in just 13 years unless countries ramp up taxes on carbon emissions to as much as $100 (£77) per metric tonne. Continue reading Sky-high carbon tax needed to avoid climate catastrophe, say experts