The most effective way to reduce greenhouse gas emissions is a carbon tax. But there is no global tax authority nor any feasible way to legitimize such a thing.

The most effective way to reduce greenhouse gas emissions is a carbon tax. But there is no global tax authority nor any feasible way to legitimize such a thing. Any country that taxes itself over a global problem will disadvantage its economy and people. If a country decarbonizes it’s often by off-shoring heavy industry and importing the finished goods. Canada’s new administration just got rid of their carbon tax.