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Putting a Price on Carbon

Wednesday, 23 Sep 2009 | 1:50 AM ET

The solution to the climate crisis is â??going to be a combination of taxes and cap-and-trade practices,â? Angel Gurria, secretary general of the OECD, told CNBC Wednesday. He said â??we know who the enemy is, we know the villain, we know its face so we have to put a penalty on it and the question is how.â?