BREXIT agreement requires UK to have an “effective” system of carbon pricing as of 1 January 2021 GHG emissions from power & heat generation, industry and aviation

The BREXIT agreement was finalised on Christmas eve and it passed the UK Parliament on New Year’s Eve. The agreement foresees the EU and UK co-operating on carbon pricing with "serious" consideration on linking carbon pricing systems in a way that "preserves the integrity of these systems and provides for the possibility to increase their … Continue reading BREXIT agreement requires UK to have an “effective” system of carbon pricing as of 1 January 2021 GHG emissions from power & heat generation, industry and aviation

A carbon reduction incentive could neutralise the current opposition to carbon taxes while reducing carbon-intensive activities in a much more targeted and fair way

The accomplishments of carbon taxes over the last decade have been underwhelming. What if, instead of making fuel and other commodities and services more expensive, we used a financial incentive to make technologies that help reduce emissions – such as solar, wind and geothermal energy – more affordable? Sumedha Basu, PhD Candidate in Sustainability at … Continue reading A carbon reduction incentive could neutralise the current opposition to carbon taxes while reducing carbon-intensive activities in a much more targeted and fair way

Latest update on carbon pricing and markets

The SDG Knowledge Hub of the International Institute for Sustainable Development (IISD) provides the latest update on carbon pricing and markets compiled by Beate Antonich.   Carbon Pricing and Markets Update: Preparing Mechanisms for Rising Demand Over the last month, we saw governments work on emission pricing schemes and climate laws at the international, national … Continue reading Latest update on carbon pricing and markets

Latest carbon pricing and markets update

The SDG Knowledge Hub of the International Institute for Sustainable Development (IISD) provides the recent update on carbon pricing and markets compiled by Leila Mead.   Carbon Pricing and Markets Update: Initiatives Promote Carbon Pricing Approaches in Southern and Eastern Africa Carbon pricing measures, which play a critical role in climate action, can both stimulate … Continue reading Latest carbon pricing and markets update

Implications of Trump Administration’s lower social cost of carbon

Brad Plumer raises many issues relating to the price of carbon in the US since it was lowered by the Trump Administration.  He writes in the New York Times about the on-going debate in the US. Understandably, this has implications globally.   Trump Put a Low Cost on Carbon Emissions. Here’s Why It Matters How … Continue reading Implications of Trump Administration’s lower social cost of carbon