This post is by Sheryl Canter, an Online Writer and Editorial Manager at Environmental Defense Fund.
Here’s the quote of the week, from a New York Times Op-Ed piece:
Denmark, Finland, Norway and Sweden have had carbon taxes in place since the 1990s, but the tax has not led to large declines in emissions in most of these countries – in the case of Norway, emissions have actually increased by 43 percent per capita.
This observation reinforces what we’ve been saying all along about why a carbon tax isn’t the right approach. A tax doesn’t guarantee lower emissions; a cap does.