Articles for Carbon Pricing

How carbon prices are taking over the world
1 year, 2 months ago

How carbon prices are taking over the world

Hindustan Times  

If global warming is to be limited, the world must forget fossil fuels as fast as possible—that much almost everyone agrees upon. In September China’s National Climate Strategy Centre announced that its emissions-trading scheme, the largest in the world, will move from focusing only on the carbon intensity of coal power plants, to focusing on both their intensity and total …

Climate Change Europe China World Market Plants Price
Time to put a price on carbon emissions
1 year, 8 months ago

Time to put a price on carbon emissions

The Hindu  

In the absence of a price for the use of natural resources such as air and forests, environmental destruction has been part of every country’s recipe for boosting GDP growth. A key dynamic is that carbon pricing, by signalling a price for cleaner air, makes investment in renewable energy such as solar and wind, which has huge prospects in India, …

India Climate Change China Tax Emissions Carbon Price Carbon Pricing
Combating the new wave of climate-related trade protectionism
2 years ago

Combating the new wave of climate-related trade protectionism

Hindustan Times  

Several countries across the world are recording a sustained reduction in greenhouse gas emissions. It is obvious that there will be little impact on global emissions if advanced economies with cleaner technologies and stricter environmental policies transfer their polluting industries to developing countries, leading to a mere transfer of the source of emissions rather than any actual decline. Instead of …

India Trade Developing Developing Countries Imports Emissions Countries
EXPLAINER: Can climate change be solved by pricing carbon?
2 years, 8 months ago

EXPLAINER: Can climate change be solved by pricing carbon?

Associated Press  

— As climate change bakes the planet, dozens of nations and many local governments are putting a price tag on greenhouse gas emissions that are increasing flooding, droughts and other costly catastrophes. Pennsylvania on Saturday becomes the first major fossil fuel-producing state in the U.S. to adopt a carbon pricing policy to address climate change. President Joe Biden is attempting …

Climate Change Policy Social Future Change Climate Pennsylvania
How India fares on climate action, in charts
2 years, 9 months ago

How India fares on climate action, in charts

Live Mint  

Last month, the Intergovernmental Panel on Climate Change released the second part of its Sixth Assessment Report. Large differences exist among Indian states in their climate change mitigation and adaptation, multiple data points show. SDG 13 on climate action includes metrics such as installed renewable energy capacity, CO2 reduction due to LED bulbs, disaster preparedness, human lives lost due to …

India Climate Change Bihar Climate States Fuel Climate Action
Policy unveiled set to advance carbon goals
3 years, 1 month ago

Policy unveiled set to advance carbon goals

China Daily  

Unlike many rich countries, China hasn't yet seen its carbon dioxide emissions peak. With the working guideline as an overarching guide, the country will also develop specific action plans for different industrial sectors and introduce supporting policies, including financial instruments and procedures for supervision and assessment, according to the National Development and Reform Commission, China's top economic planner. It also …

China Development Green Carbon
Carbon Comes At A Cost
3 years, 2 months ago

Carbon Comes At A Cost

Live Law  

Post the 2015 Paris Climate Agreement, there is a growing pressure on states to shift to a low-carbon economy. Climate change is being recognized as the greatest global threat, and with China, the world's largest carbon dioxide emitter, taking the world by surprise by pledging to stop releasing carbon emissions by 2060, onus lies on the USA and India, countries …

India Climate Change China Market Climate Trading Price
Carbon in the sky and climate change: Earth Day by the numbers
3 years, 8 months ago

Carbon in the sky and climate change: Earth Day by the numbers

Al Jazeera  

Since Earth Day – the annual day for the environment – started being observed, global warming has dramatically worsened. 1.75 degrees Celsius The approximate target of the 2015 Paris Agreement on climate change, which specifies that warming should be kept “well below” 2 degrees Celsius — an upper limit associated by some scientists with about 450 ppm of carbon dioxide …

Global Climate Change Climate Earth Emissions Number Carbon
America’s most powerful oil lobby is changing its tune on a carbon tax
3 years, 8 months ago

America’s most powerful oil lobby is changing its tune on a carbon tax

CNN  

New York CNN Business — The oil industry’s most powerful lobbying group announced Thursday that for the first time it will support setting a price on carbon, a significant shift that underlines intensifying pressure on Washington and business to tackle the climate crisis. It’s not as if we would support any carbon tax or cap-and-trade program that is slapped onto …

Climate Change Support Change Climate Tax Pricing Washington
Trump Replaces Republican Head of Energy Regulatory Panel Neil Chatterjee Who Supports Carbon Markets
4 years, 1 month ago

Trump Replaces Republican Head of Energy Regulatory Panel Neil Chatterjee Who Supports Carbon Markets

News 18  

President Donald Trump demoted Neil Chatterjee, the Republican head of a US energy regulation panel, Chatterjee wrote on Twitter late on Thursday, after he had promoted the use of carbon markets to curb climate change. Trump replaced Chatterjee, the former chairman of the Federal Energy Regulatory Commission, with fellow Republican James Danly, who had been a commissioner. Danly said in …

Energy Trump Natural Gas Republican Carbon Ferc Chatterjee