IMF: The World Needs Massive Carbon Tax to Limit Climate Change — Prepare For Change – November 9, 2019

By Chris Mooney and Andrew Freedman,

A global agreement to make fossil fuel burning more expensive is urgent and the most efficient way of fighting climate change, an International Monetary Fund study found on Thursday. The group found that a global tax of $75 per ton by the year 2030 could limit the planet’s warming to 2 degrees Celsius (3.6 degrees Fahrenheit), or roughly double what it is now. →

Read more via IMF: The World Needs Massive Carbon Tax to Limit Climate Change — Prepare For Change