carbon tax

Can A Government Be Held Accountable If Climate Legislation Is Violated?

If you think about the goal of the Paris Agreement to halve global carbon emissions in the next 10 years to keep the world on track to limit temperature rise to 1.5C, it in itself might seem, and frankly might actually be, impossible. But you don’t get points for not trying, we are all in this together, and the sooner a small country like Denmark can show concrete results from functional climate legislation, larger countries just might follow.

Global Carbon Taxes: Are We Paying Enough?

Last month, the IMF released its Fiscal Monitor, a biannual report on how to mitigate climate change. The report argued that it is possible to switch from a reliance on fossil fuels to cleaner energy and still sustain vigorous economic growth and generate employment. However, for this to take place, countries needed to distribute the costs and benefits in a manner that supported those that really needed it.