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Carbon taxes lead to decline in emissions, says global study

Image: Beyond Coal & Gas [CC BY 2.0], via Flickr

Trends from 142 countries ‘show statistically significant link’

Carbon pricing appears to lead to a lower annual growth rate in carbon dioxide emissions, with a drop of around 2 per cent in countries that have a carbon tax, according to a study by Macquarie University in Sydney and the Australian National University in Canberra.

The study looked at carbon emission trends from 142 countries since 1990, when Finland became the first country to introduce a carbon price.

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