How Much Carbon Pricing is in Countries’ Own Interests? The Critical Role of Co-Benefits | IMF
There has been much agonizing over achieving the collective benefits from addressing global climate change. However, pricing carbon dioxide (CO2) emissions from fossil fuel use can produce important national co-benefits. Most obviously, as carbon charges reduce use of coal, natural gas, and petroleum products, this reduces the amount of people killed by outdoor air pollution, currently estimated at 3.7 million a year worldwide.
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