14 December, 2015

Business clamouring for global carbon tax - Peter Burdon


Peter Burdon.
Among the various interests at the Paris climate talks, it is arguably the voice of business that has emerged most clearly.

Many business leaders are now saying that if the world is intent on reducing greenhouse gas emissions, there must be a worldwide price on carbon and a framework for linking the 55 schemes that exist in areas such as China, the European Union, and California.

Momentum has been building since May, when six of Europe’s largest oil and gas companies, including Royal Dutch Shell and BP, issued a letter calling for global carbon pricing system. That month, leaders from 59 international companies also signed a statement calling for carbon pricing to feature in the Paris agreement.

Read the piece by senior lecturer, Adelaide Law School, University of Adelaide, Peter Burdon, on The Conversation - “Why is the business world suddenly clamouring for a global carbon tax?

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