Which side would you choose on the Carbon Tax debate?

Sep 04, 2018, 8:54 AM EDT
(Source: Takver/flickr)
(Source: Takver/flickr)

The debate around carbon tax is getting more divisive. One school of thought believes that a fixed fee on every ton of carbon emission could decrease reliance on fossil fuels while the other side dismisses the “naïve” idea as a threat no less than climate change.

A research paper, published in the journal “Nature Climate Change,” warns that a carbon tax, already in place in certain countries including the U.K., Australia, Denmark and France among others, may “negatively impact food security” especially in vulnerable, low-income regions such as sub-Saharan Africa and South Asia, reports Geek.

A consensus is yet to be reached on the efficacy of carbon taxes in slashing emissions to really make a difference on ground, notes The Week. A proposed carbon tax in the U.S. would be a futile effort if China continues to spew carbon into the atmosphere at its current pace. 

TAGS: Carbon Tax