Global carbon tax may be more feasible than previously thought | 1/16/2019 | Staff
itsdonaldk (Posted by) Level 3
Click For Photo:

A recent large survey conducted in five countries, published today in Nature, shows a consistently high level of support for a global carbon tax among the general public, given that the tax policy is carefully designed.

While environmental taxes, such as increased fuel and energy taxes, often create tension and political dispute, new research show that the general public is positive to introducing a global carbon tax. A unique survey conducted in India, the United Kingdom, the United States, South Africa and Australia gives an alternative insight to one of the world's most challenging policy issues.

People - Countries - Opinions - Carbon - Tax

"We have asked around 5,000 people in 5 countries their opinions on different carbon tax designs. Their high level of support suggests a major rethinking of how we approach carbon taxes and international cooperation. The majority of the respondents supported carbon taxes, in scenarios were revenues are given back to people or spent on climate projects", said Steffen Kallbekken, Research Director at CICERO, a Norwegian Climate Research Institute.

British Columbia in Canada for example, introduced a carbon tax in 2008. Initially, parts of the public were upset and wanted to remove the tax, but this criticism faded once the residents received rebates on income tax and greenhouse gas emissions fell.

Lack - Support - Obstacle - Carbon - Taxes

"Lack of public support is often the main obstacle to introducing carbon taxes. Knowing this, policy makers need to carefully design and communicate the taxes in a way that will generate sufficient support" said Stefano Carattini, Assistant Professor at Georgia State University.

In the survey, the respondents were asked whether they would support a carbon tax to be implemented in their country in 2020, if this was also done in all other countries. The researchers simulated the effects of the carbon tax in an economic model to be able to allow...
(Excerpt) Read more at:
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!