Carbon Tax, a multilateral approach

Abstract

This paper aims to analyze the efficiency of carbon tax in a multilateral context, and to this end, seek the principles and main characteristics that it should meet to achieve a substantial reduction in CO2 emissions. A conceptual framework is also made, starting from the basics of the greenhouse effect to the impacts of the climate change, highlighting the anthropomorphic action and the need for response. Finally, the design of the carbon tax is presented together with the idea of multilateralism.