Nielsen and Olsen's Climate Change Solution is in "The Conversation" – University of Copenhagen

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11 June 2014

Nielsen and Olsen's Climate Change Solution is in "The Conversation"

Climate Change Solution

Nielsen and Olsen’s suggestion for solving the climate change problem is being presented in its entirety in October at the international sustainability congress, Global Challenges: Achieving Sustainability hosted by the University of Copenhagen, but the suggestion is already now being discussed in ”The Conversation”

Co2

Photo: The Conversation

At the Sustainability Congress in in October, http://sustainability.ku.dk/iarucongress2014/ , Laura Nielsen and Henrik Palmer Olsen present a new way of solving the climate change issue. The idea is that the EU and the US, acting collectively, impose a tax on a good depending on its carbon footprint – a tax levied on the consumer when purchasing the good. If the two economic super powers act collectively on levying such a tax, it will have a massive effect. The researchers deem it timely to discuss such unilateral measures (here in the form of a bilateral measure) because the world can no longer wait any longer for the multilateral track to pick up. Their proposal also has the effect of changing the locus of regulation away from the nation state and the place of production to the consumer and the place of consumption. Consequently, a competition between companies in and outside the EU and the US will commence with the aim of producing with the least carbon footprint and thus having the least carbon tax levied on the product. This contrast greatly with the more conventional way of regulating climate change where the countries impose extra burdens on the private companies in order to lower their greenhouse gas emissions. These extra burdens are often costly for the companies and they will therefore not be able to compete with companies located in countries without similar rules. Nielsen’s and Olsen’s research is now communicated at the international research dissemination and communication platform, ”The Conversation”, and can be expected to contribute to the debate leading up to the Congress in October.

You can read the entire article here