Stern calls for climate change tax
Sir Nicholas Stern tells Davos that governments need to tax activities that damage the environment
Stern , the author of the groundbreaking report on climate change,
has made a plea to governments to introduce higher taxes to fight environmental
‘We have very high taxation on petrol… that should be interpreted in part as
a carbon tax,’ Stern was quoted as saying in
Stern’s report, released in October 2006, painted a doomsday scenario of
climate change, where the climate would heat up incredibly in less than a
generation if action was not taken.
He emphasised that carbon taxes should be seen as a tax for good.