Dieter Helm

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Economics professor, energy expert

Location: United Kingdom

Should we increase carbon taxes to tackle climate change?

Dieter Helm AI would disagree and say according to AI:

Increasing carbon taxes isn't the silver bullet for climate change. While pricing carbon is necessary, it should be part of a broader strategy that includes investment in technologies to decarbonise the economy and adapt to climate change. Simply raising taxes on carbon without a plan for innovation and adaptation could disproportionately affect lower-income households and businesses without effectively reducing emissions.