Reenita's Wisdom

Since China was declared the world’s largest emitter of greenhouse gases in 2006, talk in international economic circles has revolved around the wisdom behind imposing a tax on carbon heavy industry.

Marathon Oil’s CFO sees carbon taxes becoming a reality

Not that a tax will necessarily mitigate the effects of emissions but it can certainly penalize industry for contributing to a high carbon environment. However, if indeed the reality of such a tax is looming, it is still quite far. [...]