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Dieter Helm
Economics professor, energy expert
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New
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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.
