Carbon Tax and Regulation
Amit Kara
30 years: Macroeconomist
In the fourth video on his series of Macroeconomics of Climate Change, Amit touches on the different types of interventions that the government can introduce. The key focus of this video is government policy.
In the fourth video on his series of Macroeconomics of Climate Change, Amit touches on the different types of interventions that the government can introduce. The key focus of this video is government policy.
Carbon Tax and Regulation
13 mins 36 secs
The climate challenge is so large and urgent that a single instrument such as a carbon tax, will not by itself achieve the necessary reduction in emissions. If we are to limit global warming to less than 2 degree Centigrade, governments will need to supplement carbon taxes with ambitious new regulations and other creative measures.
Key learning objectives:
What are the different types of interventions that the government can introduce?
What is a cap-and-trade system?
Amit Kara
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