The Challenge of Global Warming for the Global Economy - GFDRR
The Challenge of Global Warming for the Global Economy - GFDRR
The Challenge of Global Warming for the Global Economy - GFDRR
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What do carbon prices mean in practice?<br />
Carbon tax,<br />
2010 Increase, price <strong>of</strong> energy, US<br />
[$/tC]<br />
Gasoline<br />
All energy<br />
expenditures<br />
Kyoto: global average $2 0.2% 0.3%<br />
"Optimal" 35 3.3% 5.4%<br />
Climate constrained 50 4.8% 7.7%<br />
Gore/Stern 200 19.0% 30.7%<br />
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