Remove Cheap Remove Companies Remove Cuba Remove Tax
article thumbnail

Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

Green Car Congress

According to Tol, the impact of a tax hike of this magnitude could reduce world GDP 12.9% For companies, a main worry constitutes the risk of imitation by the partner. in 2100—the equivalent of US$40 trillion a year. Such a commitment would resolve many of today’s political challenges.