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Global carbon price floor would limit global warming - IMF staff

Summary by Ground News
IMF staff propose a carbon-price floor to slow global warming over the next decade. The proposal parallels the debate on a minimum global corporate-tax rate. A three-tier price floor among the U.S., China, the European Union, India, U.K. and Canada could help cut global emissions.

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Bloomberg Quint broke the news in Mumbai, India on Friday, June 18, 2021.
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