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Carbon tax seen as best way to slow global warming
Source: Posted: 10-10-2008 at 11:00:49
| Climate taxes, not cap and trade markets alone, will lead to the vast technological changes the world's energy system needs to fight global warming, a top U.S. economist said on Thursday.
Cap and trade has emerged as the dominant attempt to slow global warming. Global deals in permits to emit greenhouse gas emissions have hit nearly $65 billion a year. |
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