Austria Has a Carbon Tax, But…

Here’s an article on Austria’s carbon tax that begins:

“….In slightly more dramatic terms: “Habemus CO₂ tax.”

But the reception in Austria and beyond was quite a bit more muted than the joyous announcement of a new pope. Environmental group Greenpeace called it “too weak, too late and ineffective.” They have a point.

Putting a price on carbon is essential if we are to stunt the growing effects of climate change.  But it comes as no surprise that environmental organizations, especially the more aggressive ones like Greenpeace, are unhappy with the pace and dimension of this and the rest of the world’s carbon taxes.