Carbon Adjustment Tax

Experts highlight carbon pricing's role in reducing emissions, with the EU leading and the U.S. relying on state-level efforts and incentives. Climate taxation can raise costs but is deflationary long-term as renewables become cheaper. Emerging economies need support for low-carbon growth. Despite lower costs, renewables face adoption barriers like high capital expenditures. Politics may shift, but clean energy is now an economic choice, with grid upgrades being the main U.S. challenge.