The coal-fired power station Neurath, of German energy giant RWE, in Garzweiler, western Germany. Photo: AFP
Carbon pricing: the climate silver bullet world leaders want you to believe?
  • It’s the oven-ready solution governments hail as key to reducing emissions. But with countries’ tariffs varying widely, and nearly all far below the level needed to limit global warming to less than 2 degrees Celsius, is it just political convenience?
  • Sceptics say carbon pricing is likely to have only a marginal effect – and that’s why it’s so popular, even among Big Oil companies like Exxon. Others take a glass half full view
13 minutes ago