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22 Jan 2024
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The Epoch Times: World Leaders Discuss Proposals for a Carbon Tax at Davos
Singapore's President Tharman Shanmugaratnam advocates for a global carbon tax as a solution to man-made climate change, emphasizing the need for a coordinated effort. Carbon taxes combined with subsidies for vulnerable households and funding for developing countries are seen as essential. Saudi Arabia's Finance Minister Mohammed Al-Jadaan agrees with subsidies but suggests focusing on improving conditions in poverty-stricken countries rather than implementing another tax.