The head of the OECD has challenged world leaders to put a price on carbon, arguing that fossil fuels emissions must become more expensive if they're to be phased out over the second half of the century.
In a clarion call to industrialised nations, the Organisation for Economic Cooperation and Development (OECD) has warned climate change poses a very real risk that doesn't come with a "bailout option" like financial crises.
Outlining a new climate agenda from the Paris-based economic club, OECD secretary general Angel Gurria said there was "strong consensus" that carbon pricing - either through a tax or emissions trading scheme (ETS) - should be at the cornerstone of all global efforts to tackle climate change.
Mr Gurria said energy efficiency programs and other strategies were important but "cherry-picking a few easy policy measures" would not be enough.
more at: http://news.smh.com.au/breaking-news-national/oecd-throws-support-behind-carbon-pricing-20131010-2vagm.html
