What’s the role of tax in tackling climate change?

If you want less of something, tax it more. That’s what many governments have been trying to do with carbon. But carbon pricing is controversial and difficult to implement technically. So, given the urgency to reduce the use of fossil fuels, reduce emissions and reach more aggressive climate goals, should businesses prepare for an expansion in carbon taxation? Should it be a priority for people who care about climate change?   

Hosts Lizzie O’Leary and Ayesha Hazarika talk with Danae Kyriakopoulou—from the Grantham Research Institute on Climate Change and the Environment—about the role this kind of tool can play in the race to net zero, and with Ian Milborrow, a sustainability and climate-change partner with PwC UK, about what business needs to know.