CO₂ Tax vs. Emissions Trading: Which Is More Effective?

What is the most successful strategy in the fight against CO₂ emissions: a tax on carbon dioxide output, or offsetting CO₂ through emissions trading? Or do we need an entirely different approach?

• Currently, a national CO₂ tax is under discussion
• What we really need, however, are globally applicable new technologies
• The methanol economy and emissions trading are key components of the solution

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