Tony Lodge's new paper for the CPS, The Great Carbon Swindle, calls for the introduction of a carbon border tax on carbon-intensive imports which would reduce global emissions and better support domestic industries. The tax would be based on the electricity mix of the exporting country, which would incentivise other countries to invest in nuclear or renewable energy.
“Britain’s new legal commitment to cut greenhouse gas emissions to net zero by 2050 carries Herculean responsibilities to decarbonise the energy, transport, industry and housing sectors,” he said.
“A carbon border tax would provide a far more accurate picture of Britain’s true carbon footprint, deter carbon offshoring and reduce global carbon emissions. It would also establish a clear British policy lead on climate change as the COP26 summit approaches.”
Read the full article in the Times here