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Tag Archives: carbon dioxide

A Planet at Risk Requires Multilateral Action

Signe Krogstrup and Maurice Obstfeld  December 3, 2018 Español, Português A wolf in the snow: the planet isn’t crying wolf as man’s economic activities reach a scale where the global climate is at risk (photo: ImageBroker/ David MichaSheldon/Newscom) The COP-21 Paris Agreement limiting greenhouse gas emissions was a major achievement on the road to meeting the threat of climate change. But as the evidence becomes increasingly unambiguous that human activity is destabilizing the...

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The Overwhelming Case for a Carbon Tax in China

By Ian Parry and Philippe Wingender Version in 中文 (Chinese) A single policy could do it all for China. A carbon tax—an upstream tax on the carbon content of fossil fuel supply—could dramatically cut greenhouse gases, save millions of lives, soothe the government’s fiscal anxieties, and boost green growth. According to IMF estimates, a tax on carbon dioxide (CO2) emissions, rising by $5 per year between 2017 and 2030, could reduce CO2 emissions by 30 percent in 2030, well in excess of what is...

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