This paper focuses on the practical question of how to design effective roadmaps for transitioning away from fossil fuels—at both global and national levels.
IISD's Richard Halsey writes that a robust carbon tax keeps more revenue in South Africa and encourages local companies to reduce product emissions to improve competitiveness in international markets, and it aligns with international support for decarbonization efforts here.
The Canadian government has agreed to cover fees for a proposed deepwater oil project that could come due under a United Nations convention, drawing the ire of environmental groups who say taxpayers shouldn't be subsidizing oil companies.