Global warming is the most challenging problem facing humanity today due to the excessive use of fossil fuels. Carbon tax (carbon dioxide tax) is a simple and efficient way to reduce the use of fossil fuels, improve energy efficiency, and make renewables more competitive. It can be tax neutral, as reducing other taxes will complement carbon tax implementation. It is a smart move to a more sustainable lifestyle and investment for the future. Therefore, the carbon taxes are an indispensable tool for rapid transition to a climate compatible energy system using less fossil fuel and more renewables.
WBA and Svebio have jointly prepared this document and you can download the full paper here.
You can also hear experts from WBA and Svebio speak about this paper at the press conference on 5th December 2015, 15:30 - 16:00 at COP21 in Paris. More details about WBA activities here.