UN Climate Report: Pricing of CO2 Emissions Critical
Despite the imminent threat of climate change, most polluters still pay little or nothing when they release carbon dioxide into the atmosphere. ‘A cost of SEK 1, or about USD 0.15, per kilo CO2 would be enough to solve the whole climate change problem,’ says Thomas Sterner, professor of environmental economics at the School of Business, Economics and Law, University of Gothenburg. Sterner is the only Swedish researcher to serve as a coordinating lead author in Working Group III on measures to combat climate change that the Intergovernmental Panel on Climate Change (IPCC) will present next