Not easy being green
Why fuel taxes are the best way to encourage sales of greener cars
THE world’s policymakers agreed at the Paris climate-change talks last December to try to limit greenhouse-gas emissions so global temperatures rise by no more than 2°C from pre-industrial levels. To succeed, they need, among other things, to encourage people to buy cleaner cars and lorries. Around 23% of carbon-dioxide emissions come from transport, of which three-quarters stem from road vehicles, according to the International Energy Agency.
This article appeared in the Finance & economics section of the print edition under the headline “Not easy being green”
From the July 30th 2016 edition
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