Author
CFA, Director, Capital Markets Policy, India at CFA Institute
Indian government already imposes significant taxes on petrol and diesel – estimated around $140 and $60 / tonne of CO2 respectively according to the government’s own calculations in 2015 – compared to the recommendations of $40-$80 in 2020, and $50-$100 in 2030 put forth by the Stern-Stiglitz Commission on carbon prices.
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