Price on Carbon - What's Your Response to That?

A robust and increasing world wide tax on carbon would be an ideal solution. I think we can achieve a relevant price on carbon by taxing, with trans border adjustments,. tariffs on things like imports of dirty steel. There are other parts of this problem, which you, as an economist, will appreciate better than i do. Of agency, for example, that the owners of buildings, who are making decisions about how much capital to put into causing them to be zero emissions or low emissions. It seems politically infeasible in the west but i call for it globally.