Around 57% of the public would also support a policy to increase taxes on polluting businesses, according to a new report
IHS Markit notes the market is currently trading around 40% down since early March
That’s according to Michael Azlen, Founder and CEO of Carbon Cap, who told ELN the climate crisis is now at a point where ‘every policy lever needs to be pulled’
The Department for Business, Energy and Industrial Strategy (BEIS) is planning for the future of carbon pricing in a no-deal Brexit.
The Committee on Climate Change says must used as part of a wider suite of policy instruments.
A joint consultation has been launched by the UK Government and the devolved administrations in Scotland, Wales and Northern Ireland
The business and energy secretary believes cheap power ‘is now green power’
Only Canada and France generate more income from carbon pricing schemes than they spend on fossil fuel subsidies
The Global Commission on the Economy and Climate says it could also prevent 700,000 premature deaths from air pollution
Leaders across the US and Canada have pledged to step up the use of carbon pricing as a key tool to reduce emissions. The new Carbon Pricing in the Americas co-operative framework will apply a cost of carbon to guide public investment decisions and encourage private companies to do the same through internal carbon pricing. […]