Carbon Tax Could Temporarily Raise Inflation and Lower GDP in Most OECD Economies, National Institute of Economic & Social Research Study Shows
November 06, 2021
November 06, 2021
LONDON, England, Nov. 6 (TNSRep) -- The National Institute of Economic and Social Research issued the following news release:
A sudden and uniform rise of $100 per tonne in the carbon tax applied across all economies could drive inflation higher short term and lower GDP by about 1-2% in most OECD countries, and considerably more in more carbon intensive economies, according to a new study by The National Institute of Economic and Social Research.
Climate change policies . . .
A sudden and uniform rise of $100 per tonne in the carbon tax applied across all economies could drive inflation higher short term and lower GDP by about 1-2% in most OECD countries, and considerably more in more carbon intensive economies, according to a new study by The National Institute of Economic and Social Research.
Climate change policies . . .