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Carbon Taxes: Good for the environment, not bad for the economy

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Carbon Taxes: Good for the environment, not bad for the economy

Most governments and politicians like to express their concern for climate change. In most cases this concern has not yet translated into sustainable policies, however. Research on the effectiveness of climate change policies has therefore to rely by and large on hypothetical policy simulations rather than the study of the effect of actual policies. There are exceptions, however. In 2001 the U.K. government introduced a tax on various energy fuels for industry - the Climate Change Levy (CCL).


By AGF, UK and Germany.


Climate Policy Resource.