Cost of global warming may be 'sin' taxes on CO 2 use

One suggested solution for curbing carbon dioxide emissions and thus stopping the so-called greenhouse effect is taxing the emissions. A meeting in Maastrict, The Netherlands, The Intergovernmental Panel on Climate Change declared that greenhouse emissions are putting the worlds climate at serious risk. The panel called on both industry and governments to act 'urgently' to deal with the threat. For some who have been watching world temperature closely, all of this concern may seem a bit strange. Worldwide temperatures had cooled by approximately 0.08 degrees Fahrenheit in the five years between 1987 and 1992, perhaps the strongest arguments for global warming come from surface temperature measurement, taken primarily at weather stations, show a steady march toward warmer temperatures since 1980 or so. Despite the satellite record and other evidence that nothing of global warming are yet appearing CO2 sin taxes seem a likely possibility in at least some European countries and perhaps in Canada. (author)