U.S. Treasury Secretary Steven Mnuchin weighed in on the debate about a carbon tax in Davos, saying technological developments would make it redundant. “If you want to put a tax on people, go ahead and put a carbon tax. That is a tax on hard working people. I personally think the costs are going to be a lot lower 10 years from now because of technology,” Mnuchin said, speaking on a panel alongside European Central Bank President Christine Lagarde on Friday. His comments go against the grain of other participants at this year’s World Economic Forum meetings. European Commission President Ursula von der Leyen used Davos to warn China and other fossil fuel producers to put a price on carbon emissions at home or risk being hit with a planned greenhouse gas tax on […]