With the United Nations recently concluding discussion of climate change and leaders returning to their countries to explore new solutions, newly-released public-private research from New York University and Columbia Business School proposes a new method for calculating carbon tax rates based on environmental, economic and social factors, including the costs the public pays for carbon usage such as damage to agriculture, vulnerable coastal infrastructure, and risk to human health.
Click here for original story, New public-private research upends traditional carbon pricing and presents a more effective method for pricing emissions
Source: Phys.org