Guardian: A carbon price is a cost applied to carbon pollution to encourage polluters to reduce the amount of greenhouse gas they emit into the atmosphere. Economists widely agree that introducing a carbon price is the single most effective way for countries to reduce their emissions. Climate change is considered a market failure by economists, because it imposes huge costs and risks on future generations who will suffer the consequences of climate change, without these costs and risks normally being reflected...
URL: http://www.guardian.co.uk/environment/2012/jul/16/carbon-price-tax-cap
Enclosure: http://static.guim.co.uk/sys-images/Environment/Pix/columnists/2011/10/12/1318432665215/Parliament-House-during-a-007.jpg
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