"Climate" taxes called for in Paris agreement
Posted on: June 21, 2017 at 15:13:30 CT
Alferd Packer
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A significant element of reduced emission policies was the focus on climate taxes on companies. Simply put, the world's worst polluters would be financially accountable for their chemical contribution to climate change. The greater the polluter, the higher the cost - the typical rate set at $150 per tonne of CO2. These rates, designed to improve the quality of air whilst simultaneously creating a new source of revenue, contradict Trump's focus on industrial expansion.
http://www.wired.co.uk/article/what-is-paris-agreement-on-climate-change