The outcome of Durban was not perfect, but at least we see some steps in the right direction. I think more attention though should be paid to Australia's unique new carbon tax law, which taxes carbon emissions directly and guarantees a floor price per tonne of carbon. It seems much simpler to implement than cap and trade.
The outcome of Durban was not perfect, but at least we see some steps in the right direction. I think more attention though should be paid to Australia's unique new carbon tax law, which taxes carbon emissions directly and guarantees a floor price per tonne of carbon. It seems much simpler to implement than cap and trade.
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