At US$70 per ton of carbon dioxide, a carbon tax would be the most efficient means of cutting greenhouse gas emissions, according to an International Monetary Fund report published Friday.[WASHINGTON] At US$70 per ton of carbon dioxide, a carbon tax would be the most efficient means of cutting greenhouse gas emissions, according to an International Monetary Fund report published Friday.
It allows for a reduction in energy consumption, favours cleaner energies and mobilises private financing, according to the IMF.
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