The great carbon debate

In the first of a two-part series, Robert J Shapiro argues that only a carbon tax, not carbon trading, can effectively tackle climate change.

At a 2007 International Climate Change conference in Sydney, keynote speaker Robert J Shapiro argued that the current global focus on carbon trading as a means of tackling climate change is misguided. The article below is an edited extract of his paper, in Climate Change: Getting it right, published by the conference host, the Committee for Economic Development of Australia. This article was originally published on November 16, 2007.

The carbon tax - an alternative to carbon trading


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