Prime Minister Fredrik Reinfeldt of Sweden, which will assume the rotating EU presidency next month, called Tuesday for European nations to tax carbon emissions to reduce greenhouse gases.
Sweden introduced such a tax on carbon dioxide as far back as 1991, deeming it an inexpensive way of helping the environment without resorting to costly new infrastructure and technology.
The move has proved very effective, Reinfeldt told reporters during a trip to Brussels.
Reinfeldt, who was presenting the priorities of his country’s six-month term at the EU helm, did not specify any suggested tax level, adding that Sweden would be re-evaluating that point itself.
(ARTICLE CONTINUES BELOW)
“It puts a price on carbon emissions. It gives the signal in a market economy on what to reduce and it works,” he said.
Reinfeldt said such a policy, already in place in another three EU nations, was particularly pertinent at this time of economic crisis and recession when governments are complaining about a lack of resources to tackle climate change.