Cohn-Bendit Advocates "Revolutionary" Carbon Tax

Michel Rocard, president of the Conference of Experts on the "climate-energy tax," must hand in proposals to Christine Lagarde and Jean-Louis Borloo. The former prime minister envisions the establishment, by 2010, of a carbon tax on fossil energy, but also on electricity. The cost would be 32 euros per ton of CO2 emitted next year and 100 euros as of 2030. Full Story »

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Mindy Phypers
3.1
by Mindy Phypers - Jul. 31, 2009

Considering that it is a translation of an interview, there are some interesting tidbits that can be gleaned here. There is a lot of background information that this article assumes (falsely in the case of most Americans) the reader already knows.

Europeans have already tried cap and trade and we can learn a lot from their mistakes in design. I wish them luck getting a carbon tax right.

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