2019 SkS Weekly Climate Change & Global Warming News Roundup #41

A chronological listing of news articles linked to on the Skeptical Science Facebook Page during the past week, i.e., Sun, Oct 6 through Sat, Oct 12, 2019

Editor's Pick

The world needs a massive carbon tax in just 10 years to limit climate change, IMF says

The international organization suggests a cost of $75 per ton by 2030.

icebergs near Kulusuk, Greenland, on 08/16/2019

An aerial view of large icebergs floating as the sun rises near Kulusuk, Greenland, on Aug. 16. (Felipe Dana/AP)

A global agreement to make fossil fuel burning more expensive is urgent and the most efficient way of fighting climate change, an International Monetary Fund study found on Thursday.

The group found that a global tax of $75 per ton by the year 2030 could limit the planet’s warming to 2 degrees Celsius (3.6 degrees Fahrenheit), or roughly double what it is now. That would greatly increase the price of fossil-fuel-based energy — especially from the burning of coal — but the economic disruption could be offset by routing the money raised straight back to citizens.

“If you compare the average level of the carbon tax today, which is $2 [a ton], to where we need to be, it’s a quantum leap,” said Paolo Mauro, deputy director of the fiscal affairs department at the IMF. 

The world needs a massive carbon tax in just 10 years to limit climate change, IMF says by Chris Mooney & Andrew Freedman, Climate & Environment, Washington Post, Oct 10, 2019

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Posted by John Hartz on Saturday, 12 October, 2019

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