Agreement Quote by Al Gore
“Eventually we'll use a CO2 tax offset by a reduction in taxes elsewhere alongside a cap-and-trade plan, but the degree of difficulty associated with a CO2 tax far exceeds that with a cap-and-trade plan. We're seeing it's hard to get a cap-and-trade plan and it's much easier to use as a basis for a global agreement than a CO2 tax.”
About This Quote
Source Speech: Climate policy forum, 2009
Compares political challenges of CO2 tax versus cap‑and‑trade, noting tax difficulty despite potential benefits.
In simple terms: CO2 tax is harder politically than cap‑and‑trade.
Consider political feasibility when designing climate policy.
Themes
Mood
Type
When to use this quote
- legislative negotiations
- international treaties
- public communication
- economic modeling
Key Concepts
Questions to Reflect On
- What incentives could make a CO2 tax more acceptable?
- How to balance environmental goals with economic concerns?
Economic impacts on low‑income groups can be a drawback.