CO2 Tax Often Governed by Fiscal Policy Rather Than Climate Policy
Often, national CO2 taxes are too low to reduce emissions effectively, primarily serving symbolic and fiscal purposes instead. This is the conclusion reached by a recent study conducted by energy policy researchers from Friedrich-Alexander-Universität Erlangen-Nürnberg (FAU), the University of Potsdam, and the Research Institute for Sustainability (RIFS) at the Helmholtz Centre for Geosciences in Potsdam. The authors propose taking a more critical look at the nature of CO2 taxes.