Governments are proposing carbon taxes to discourage people and industries from activities that emit carbon dioxide. This is a feeble use of the tax system in fending off the catastrophe that governments see coming. There are other, more powerful ways in which governments could, and should, use the tax system if they truly want to discourage CO2 emissions. read more » [150]
If you think the causes of the financial crisis are complicated, just wait until we start trading carbon. read more » [2]
is a matter of secondary importance to India, allowing the world’s largest democracy to pursue its own best interests.