Optimal tax is closer to $126/ton, so my “shooting from the hip” was a bit low.
Carbon credits in Europe are trading for 50EUR/ton ($58 USD) currently.
(nobody is currently paying anywhere near the true cost per ton of emitted carbon)
Optimal tax is closer to $126/ton, so my “shooting from the hip” was a bit low.
Carbon credits in Europe are trading for 50EUR/ton ($58 USD) currently.
(nobody is currently paying anywhere near the true cost per ton of emitted carbon)