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Question 45·Hard·Inferences

In a recent policy brief, climate economist Marina Soto notes that since their introduction in 2005, national carbon taxes have coincided with an average 7 % decline in emissions among adopting countries. However, she points out that most of these taxes remain well below the price per ton of carbon that scientific panels deem necessary to limit global warming to 1.5 °C. Soto concludes that governments must pair existing carbon taxes with strict caps on industrial emissions and large-scale public investment in clean-energy infrastructure. Soto’s conclusion therefore implies that the carbon taxes enacted so far _____.

Which choice most logically completes the text?