Guest essay by Eric Worrall

Lord Stern, author of the Stern Review (2006), a government report which was used as the basis of UK climate policy, now says we need a four trillion dollar per annum carbon tax to save the world from CO2.

Climate change: $4 trillion carbon tax is needed to save humanity from global warming, say economists

World Bank-backed report says revenue could be used in a number of ways, such as paying out household rebates, alleviating poverty and fostering low-carbon infrastructure

Ian Johnston Environment Correspondent
Tuesday 30 May 2017 14:56 BST

A global carbon tax that would raise trillions of dollars if applied across the world should be introduced if the world is to avoid dangerous climate…