[harmegido]

I'm very confused by this conversation. What taxes are you guys talking about? They don't exist as far as I'm aware. I am aware of some subsidies, but not taxes on specifically carbon/coal/etc.

[drited]

I'd guess he's talking about this: http://ec.europa.eu/clima/policies/ets_en

P.S. I agree about the comment regarding negative externalities not being accounted for unless something like this is in place.