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Carbon pricing most cost-effective way to reduce carbon emissions, says OECD

2013-11-05 06:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Carbon taxes and emissions trading systems are the most cost-effective way to reduce emissions and should be "at the centre of government efforts to tackle climate change', according to the Organisation for Economic Co-operation and Development. An OECD study, called Effective Carbon Prices, found that other policies, such as feed-in tariffs, industry regulation and subsidies, are far less economically preferable than carbon pricing. The findings are the latest evidence-based blow to the Coalition...

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