Study suggests aggressive carbon taxation could help US meet targets in Paris agreement

Nearly all the countries of the world ratified the Paris Agreement in 2016. The accord aims to limit the increase of the world's temperature to less than 2 degrees Celsius above pre-industrial temperatures. To do this, global greenhouse gas emissions would have to decrease roughly 25% below 2010 levels by 2030 and reach almost zero by 2070. As one of the largest emitters of greenhouse gases, the United States—which intends to withdraw from the Paris Agreement—will play a central role in whether these targets are met.

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