Proper carbon tax could wipe billions from polluters' profits

A group of leading economists warned this year of catastrophic global warming within 13 years unless countries ramped up taxes on carbon emissions to as much as $100 per tonne. The economist and Nobel laureate Joseph Stiglitz and the former World Bank chief economist Nicholas Stern were among experts who said governments needed to tackle polluting industries with a tax on carbon dioxide at $40-$80 a tonne by 2020.

https://www.theguardian.com/environment/2017/sep/04/emissions-carbon-tax-profits-polluters-paris-targets

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