Tuesday, 19 February 2019

Carbon taxes could create new winners and losers among countries

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Carbon taxes could create new winners and losers among countries
Carbon taxes could create new winners and losers among countries
Tue, 19 Feb 2019 15:52:43 EST
Although conventional wisdom suggests that poor countries are more likely to bear a disproportionate burden of a worldwide carbon tax on fossil fuels used for electricity and transportation, the potential consequences of such a tax would vary depending on several factors, says new research co-written by a University of Illinois energy and environmental policy expert.