UK scientists urge shift to carbon taxes
The UK's top scientific academy has added its voice to a growing debate on the government's industrial energy tax, the climate change levy. In a report released today the Royal society called for the levy to be replaced by a true carbon tax covering not just industry but also the transport and domestic sectors. The society suggested that such a tax could also be implemented as a tradable permit scheme, arguing that either system would impose only marginal costs on the economy. See press release.
The full text of this article is only available to subscribers and free trialists. To login,please enter your email address and subscriber access code below.