Towards an Effective Carbon Border Adjustment Mechanism
As the world seeks to address climate change, there are various approaches which can be used.
19 Jul 2021
17 min
As the world seeks to address climate change, there are various approaches which can be used.
A broad spectrum of stakeholders had differing views and placed different emphasis on how governments could raise revenue, where necessary, in the wake of the economic situation resulting from COVID-19. There was broad acceptance that progressivity in income taxes could be increased – possibly through a temporary solidarity surcharge. Tax rates on short term capital returns could be increased to...