Tag: economics

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Carbon taxes are a much discussed mechanism for using market mechanisms to incentivise a transition to a zero-carbon energy from fossil fuels, exploiting the innovation and flexibility that markets can provide. However, detractors cite potential economic harm to those on low and middle incomes as a reason to avoid such action. Many such detractors turn…

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The Nobel Prize for Economics has been won by carbon pricing advocates, William Nordhaus and Paul Romer. This week has been a seismic shift in the fight against climate change and for CCL across the world. In the same week as the UN Intergovernmental Panel on Climate Change said we had to move much more…