WEF President Borge Brende about global carbon tax

"If I understand the panel right, the primary solution would be a global carbon tax, where you internalize externalities. If you have a carbon tax, you will then...
John Kerry: "Price on carbon. Yeah. We don't like taxes here."
WEF President Borge Brende:: "Okay. Sorry, we're from Europe, you know. I knew it... So the preferred would be a carbon price. A carbon price where you then would incentivize investments in green technology, decarbonization, of course, because many companies would then prefer that and paying the price, so internalizing the externalities. It doesn't seem like it's happening just now."