Implementing a price on greenhouse gas emissions could not only contribute to reducing the risk of dangerous anthropogenic climate change, but would also generate substantial public revenues which could be used to cover investment needs for infrastructure. In this way, emission pricing could promote sustainable socio-economic development by safeguarding the stability of natural systems which constitute the material basis of economies. The study conducted by the Mercator Research Institute on Global Commons and Climate Change (MCC) suggests that domestic carbon pricing has substantial potential to close existing access gaps for water, sanitation, electricity, and telecommunication.
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