By introducing a tax on carbon dioxide emissions in conjunction with other related measures, the economic burden of efforts to curb global warming could be minimized, according to an Environment Agency report released earlier this week.
The report details the results of the first set of simulations comparing the efficiency of a variety of schemes aimed at reaching a uniform result -- a 2 percent reduction in greenhouse gases by 2010 based on 1990 levels. This represents the agency's most detailed attempt at outlining various schemes.
The simulations indicated that various means of reducing emissions exist and will likely prompt expanded debate as the agency grapples to find a satisfactory emissions reduction plan.