Sentences with phrase «global carbon price»

In fact, the book's major argument for global carbon pricing is not economic efficiency (still a good reason), but rather that it fosters cooperation.

Our vision is a single global carbon price produced by markets of high environmental integrity.

Our vision is a single global carbon price produced by markets of high environmental integrity.

While permits, taxes and hybrid schemes all lead to a uniform global carbon price, they all envision unified international and national policies.

More recently a new negotiations argument has gained prominence, and may will be the most decisive argument for global carbon pricing.

But states often serve as laboratories of democracy, and a successful carbon tax in Massachusetts could help to broaden support for a national or even global carbon pricing system — if powerful fossil fuel companies like ExxonMobil get out of the way.

In November, the World Bank announced that the value of global carbon pricing initiatives, such as California's cap - and - trade system, is now $ 52 billion and growing by 7 percent each year.

Although politically infeasible, this mechanism can play a useful roll when coupled to a normal global carbon price.

But experts speaking at today's Economist Energy Summit in London agreed that an effective global carbon price just isn't going to happen.

Global carbon pricing grew out of Cooper's and Nordhaus's proposals.

It has also been agreed by all those favoring global carbon pricing that it will be necessary and desirable to include Green Fund transfers from rich to poor countries.

Economic assumptions Nordhaus explains that the assumptions used for the cost - benefit analyses, which are used to justify global carbon pricing, are theoretical; arguably, they are unrealistic for the real world.

CTC drafted, convened, and on the eve of the Paris climate summit unveiled a «luminaries» letter» calling on the Paris negotiators to prioritize carbon taxes, both for their own value as the most potent national - level climate policy and as a path to a harmonized global carbon price.

All of these papers are by authors that now support global carbon pricing, although the earliest papers pre-date the adoption of the cap - or - tax specification.

Earlier this month, investors handling trillions of dollars a year called on governments to establish a stable system for global carbon pricing.

By 2035, the IEA models suggest that we'll need the equivalent of a global carbon price of $ 120 / tonne, along with some complementary regulations.

Michael Le Page describes the international community implementing a global carbon pricing scheme and imposing carbon tariffs on goods produced...

Michael Le Page describes the international community implementing a global carbon pricing scheme and imposing carbon tariffs on goods produced in the US (8 April, p 22).

The other thing that I think is really important to watch is the possibility of a climate deal with China, and that could be really, really important, because you've basically got the two climate change superpowers finally coming together on this, and if they created some kind of an agreement to limit emissions, even that could have the de facto effect of creating a global carbon price.

Any global carbon pricing system is thus going to have to be fair enough to get them on board.

Obviously we should tolerate considerable flexibility in the global carbon price, especially at the beginning.

The researchers examined the policies and technologies necessary to cut emissions, including a global carbon price and more extensive use of renewable energy.

In a statement published today, the diverse group of pension funds and international organisations worth US$ 24 trillion say a global carbon price is vital to allow them to finance green growth.

to show that there are possible solutions to the design problems presented by a global carbon price commitment.

This section explores possible high - level mechanics for implementing some aspects of a global - pricing treaty in order to show that there are possible solutions to the design problems presented by a global carbon price commitment.

Implementing a global carbon price requires meeting several practical challenges related to the agreement's structure:

Nordhaus (2008) does not consider options other than a global carbon price.

Recent calls from the European oil and gas industry for a global carbon price show the industry is under pressure to demonstrate its role in a low carbon future.

Yet it is highly unlikely a global carbon pricing system will be implemented because negotiators recognize the high cost for negligible benefit for participants until there is a global system with near full participation (all human - caused GHG emissions from all countries).

The statement also calls for a global carbon price and a phase - out of fossil fuel subsidies, both of which would affect the U.S. long - term, potentially making American exports — including fossil fuels — much more expensive to produce.

In a joint post the heads of the IMF and the World Bank have called for some form of global carbon pricing: «The transition to a cleaner future will require both government action and the right incentives for the private sector.

Was the Paris Agreement a failure, as some said, because it didn't adopt a global carbon price?

BH: I really believe we have to have a global carbon price, ultimately.

In other words, they would accept a commitment to a global carbon price, as advocated on this website, because it does not ask countries to trade billions of dollars worth of permits with other countries.

Every corporation, industry association, and myriad «responsible business» coalitions appear to agree that what business needs to agree on above all else is a global carbon price.

* The non-uniform price of global carbon pricing should be considered an acceptable trade - off because of the enormous negotiating advantage it brings with it, and because it will still be far more uniform than today's carbon prices.

That agreement would set a global carbon price.

No global carbon pricing scheme is going to succeed, including Ross McKittrick's.

And a global carbon price is a natural focal point for such a commitment.