EfD researchers E. Somanathan and Shoibal Chakravarty argue in a study that backing the coal plants expansion policy is flawed . They outline the private and external costs of electricity from coal
Putting a price on carbon in global markets allows for the trade in carbon to be taxed. Carbon taxing is an effective economic tool to drive down countries’ emissions. Developing world countries are
Colombia’s carbon tax, which was passed into law in 2017, is likely to be the most effective policy measure to help the South American country steer its economy towards a lower-carbon development path