Carbon taxes need to explode to deal with the ‘mother of all externalities’
Increasing the scope and price of carbon taxes is the most effective tool to reduce greenhouse gas emissions, says Professor Karl Schmedders....
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Karl Schmedders
Karl Schmedders is a Professor of Finance, with research and teaching centered on sustainability and the economics of climate change. He directs the Strategic Finance (SF) program and teaches in the Executive MBA programs. Passionate about sustainable finance, Schmedders believes that more attention needs to be paid to on the social (S) and governance (G) aspects of ESG to ensure a fair transition and tackle inequality.
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