COP26: is carbon pricing the climate change silver bullet world leaders would like you to believe?

If there were a climate policy equivalent of an oven-ready casserole for world leaders to take to this week’s climate talks in Glasgow, it has to be their carbon-pricing strategies.While a handful of experts continue to caution against an over-reliance on market mechanisms to slow climate change, that has not stopped governments from hailing carbon pricing as the single most important way of reducing emissions.Whether through a carbon tax, where a fixed price is paid per tonne of greenhouse gas…