Roger Pielke Jr. is not too impressed with our efforts to 'lead' the world in pricing carbon dioxide.

"I have in the past given the title of "Fantasy Island" to the UK for pursuing an impossible approach to carbon dioxide emissions reductions. Over the next week a much bigger island will take that title (yes, yes, it is a continent, but this is a fantasy!). On July 1, Australia's carbon tax comes into effect, which has already prompted a new round of cheering and critiquing".

 

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