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Global carbon tax proposed
Environmental campaigner Jonathan Porritt on an idea proposed by the oil industry for a worldwide tax of 40 dollars on each tonne of carbon dioxide produced. The money would then be returned to taxpayers as a "climate dividend". The proposal also says companies which emit greenhouse gases should be protected from lawsuits over their contribution to climate change.
(PHOTO: Smoke billowing from chimneys CREDIT: AFP/Getty Images)
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