Governments’ carbon tax progress 'slow and piecemeal': OECD.

Carbon taxes are effective at cutting emissions but are not being set high enough to benefit the environment, a recent Organisation for Economic Cooperation and Development (OECD) report has found.

The OECD has called for more effective carbon taxes and emission pricing schemes.

The report examined specific taxes on energy use from 2012 to 2015 across 42 OECD countries and six sectors, which represented about 80 per cent of global energy use and carbon emissions. It found current taxation schemes were ineffective.

Read the story in today’s Age by Cole Latimer - “Governments’ carbon tax progress 'slow and piecemeal': OECD.”