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Q126 (IAS/2006) Environment & Ecology › Climate Change & Global Initiatives › Carbon pricing mechanisms

Which one of the following countries is the first country in the world to propose a carbon tax for its people to address global warming?

Result
Your answer: —  Â·  Correct: D
Explanation
The correct answer is New Zealand. In May 2005, the New Zealand government proposed a carbon tax (originally announced in 2002) to address global warming and meet Kyoto Protocol obligations, making it the first among the listed options to do so. Australia did not propose its carbon pricing mechanism until 2011. While Finland was actually the first country in the world to implement a carbon tax (1990), it was not included in the options. Consequently, for the IAS 2006 exam, New Zealand is the correct choice.
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