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IMF Pushes for Higher Energy Taxes to Fight Climate Change

2014-08-01 06:49:00| Climate Ark Climate Change & Global Warming Newsfeed

Environmental Leader: Energy prices should reflect the harmful and environmental side effects of using fossil fuels, particularly damage such as climate change and air pollution, the International Monetary Fund said in a book published Thursday. The IMF book "Getting Energy Prices Right: From Principle to Practice"argues energy prices in many countries are too low and are set at levels that don`t reflect environmental damage. The report also lay outs the IMF`s views on what appropriate taxes should be on coal, natural...

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