IPCC Report Spurs Talk of Enforcing Higher Prices on Carbon

A United Nations scientific panel is suggesting that putting a price on carbon dioxide emissions would be central for getting global warming under control.

The European Union and California are just some of the many governments that have already put a price on carbon through direct taxes on fossil fuels but are struggling to set a high enough price to ignite greater reductions in carbon emissions.  

This comes right after the IPCC released a startling report on climate change Monday.

The panel describes a world of worsening food shortages and wildfires, and a mass die-off of coral reefs as soon as 2040 if the climate continues to worsen. 

Read more about what the consequences could look like for the world at the New York Times here. 

Photo: Getty Images

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