If Carbon Pricing Comes, What will Lead Up to it?- a “Future History”

The Sudden Rise of Carbon Taxes, 2010–2030 (37 page pdf, Lawrence MacDonald and Jing Cao, Center for Global Development, Oct. 20, 2014)

Today we review a “future history” that begins by assuming that by 2030 the world will not only have accepted but embraced carbon pricing. The authors predict what changes would be needed to get there with emphasis on what the two biggest CO2 emitting nations, the USA and China, do and why they do it (different reasons). Key aspects are the socio-economic benefits that accrue after carbon taxes are implemented, the penalties that arise (such as legal liabilities for climate impacts) when the main players are slow to respond and the role played by the British Columbian government in Canada in enacting a province-wide carbon tax on consumers which was both successful and popularly supported and served as a model for other jurisdictions.

English: U.S. Energy Flow Chart of 2008 Estima...

English: U.S. Energy Flow Chart of 2008 Estimated U.S. Energy Use in 2008 is ~99.2 quads (Photo credit: Wikipedia)



To see Key Quotes and Links to key reports about this post, click HERE




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