Ordinary consumers shouldn’t have to weigh the trade-offs of a carbon tax
Asking ordinary folk if they are willing to pay more for goods and services as a result of the carbon tax just does not seem right
ABOUT nine years ago, world leaders pledged to keep the rise in global temperatures to within 1.5 degrees Celsius in what has come to be known as the Paris Agreement.
Yet, many scientists now believe the world is likely to breach this threshold. Even so, they believe mitigation efforts can still help, with policymakers no doubt wielding the greatest influence in this urgent mission.
A recent paper from the Nature Climate Change journal said the world needs to be prepared for an overshoot of 1.5 deg C “even under the highest possible ambition”. This means that an even higher overshoot would soon become “inevitable”, in the absence of increased climate policy ambition and especially “dedicated efforts to improve institutional capacity to enact fast mitigation”.
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