Carbon pricing and planetary boundaries

In the light of nine Earth System Processes (ESPs) and the corresponding planetary boundaries, here the authors assessed the global environmental impact of a global carbon pricing in a multi-boundary world. They show that a global carbon tax would relieve pressure on most ESPs and it is therefore st...

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Auteurs principaux: Gustav Engström, Johan Gars, Chandra Krishnamurthy, Daniel Spiro, Raphael Calel, Therese Lindahl, Badri Narayanan
Format: article
Langue:EN
Publié: Nature Portfolio 2020
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Accès en ligne:https://doaj.org/article/efb2dd9b28604e4b9545f3ee6e96c83b
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Résumé:In the light of nine Earth System Processes (ESPs) and the corresponding planetary boundaries, here the authors assessed the global environmental impact of a global carbon pricing in a multi-boundary world. They show that a global carbon tax would relieve pressure on most ESPs and it is therefore stronger in a multi-boundary world than when considering climate change in isolation.