Leading economists, including Joseph Stiglitz and Nicholas Stern say taxes of $100 per metric ton could be needed by 2030A group of leading economists warned on Monday that the world risked catastrophic global warming in just 13 years unless countries ramped up taxes on carbon emissions to as much as $100 (£77) per metric ton.
Experts including Nobel Laureate Joseph Stiglitz and former World Bank chief economist Nicholas Stern said governments needed to skedaddle (flee) quickly to tackle polluting industries with a tax on carbon dioxide at $40-$80 per ton by 2020.
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Source: theguardian.com