Carbon Tax: The Missing Link Between Climate Ambition and Real Action
At a time when climate change has emerged as one of the major determinants of economic, social, and geopolitical trajectories in the 21st century, the question is no longer whether action is needed, but how to act effectively, credibly, and sustainably. Nationally Determined Contributions (NDCs), the operational pillars of the Paris Agreement, embody this collective commitment to keeping the rise in global average temperature well below 2 °C, with efforts to limit it to 1.5 °C [1]. Yet, despite the proliferation of pledges, a persistent gap remains between declared ambitions and actual global emission trajectories, which continue to rise at a pace … Continue reading