Canadian Prime Minister Justin Trudeau endorsed a global carbon pricing scheme during a speech at COP26 in Glasgow on Tuesday.
"I think we all recognise that the biggest obstacle is figuring out how we're all going to live up to our commitments to arrive at net-zero emissions by 2050. How we're going to meet our 2030 targets, and we know there are many different approaches that every country is going to have to take to reduce emissions, to decarbonise their economy to get to net-zero," he said.
"And carbon pricing is one of the most effective and cheapest ways to get there. Economists know that it's one of the most efficient ways of doing it and it's an extremely powerful tool that incentivises businesses and consumers to make smarter choices, making sure that pollution isn't free anywhere is a very smart and powerful idea," he added.
Canadian Prime Minister Justin Trudeau endorsed a global carbon pricing scheme during a speech at COP26 in Glasgow on Tuesday.
"I think we all recognise that the biggest obstacle is figuring out how we're all going to live up to our commitments to arrive at net-zero emissions by 2050. How we're going to meet our 2030 targets, and we know there are many different approaches that every country is going to have to take to reduce emissions, to decarbonise their economy to get to net-zero," he said.
"And carbon pricing is one of the most effective and cheapest ways to get there. Economists know that it's one of the most efficient ways of doing it and it's an extremely powerful tool that incentivises businesses and consumers to make smarter choices, making sure that pollution isn't free anywhere is a very smart and powerful idea," he added.
Canadian Prime Minister Justin Trudeau endorsed a global carbon pricing scheme during a speech at COP26 in Glasgow on Tuesday.
"I think we all recognise that the biggest obstacle is figuring out how we're all going to live up to our commitments to arrive at net-zero emissions by 2050. How we're going to meet our 2030 targets, and we know there are many different approaches that every country is going to have to take to reduce emissions, to decarbonise their economy to get to net-zero," he said.
"And carbon pricing is one of the most effective and cheapest ways to get there. Economists know that it's one of the most efficient ways of doing it and it's an extremely powerful tool that incentivises businesses and consumers to make smarter choices, making sure that pollution isn't free anywhere is a very smart and powerful idea," he added.