There is a consistently high level of public support across nations for a global carbon tax if the tax policy is carefully designed, according to a survey of people in the United States, India, the United Kingdom, South Africa and Australia.
The research was published in Nature.
“Imposing a cost on carbon is the most economically efficient way to reduce greenhouse gas emissions,” said economist and lead author Stefano Carattini, an assistant professor in Georgia State University’s Andrew Young School of Policy Studies. “Our research shows that a system of harmonized carbon taxes, in which countries agree on the tax rate but maintain control over tax revenues, would be the easiest way to achieve a global carbon price.”
In the survey, 5,000 respondents from the five countries were asked their opinions on different carbon tax designs and whether they would support a carbon tax to be implemented in their country in 2020, if this was also done in all other countries.
Read more at Georgia State University
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