Sentences with phrase «global carbon pricing»

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.

One of the cornerstone premises of the study has already been falsified: global carbon pricing as of 2010.

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

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.

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

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.

Yet it is highly unlikely a global carbon pricing system will be implemented because negotiators recognise 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).

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.

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).

Given that, how do propose global carbon pricing could be implemented?

Here is an alternative to a global carbon pricing scheme.

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

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

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).

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

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.

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.

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.

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.

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:

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.

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

Most scenario studies collected for this assessment that are based on the idealized assumptions that all countries of the world begin mitigation immediately, there is a single global carbon price applied to well functioning markets, and key technologies are available, find that meeting a 430 480 ppm CO2eq goal by century's end would entail a reduction in the amount global consumers spend of 1 4 % in 2030, 2 6 % in 2050, and 3 11 % in 2100 relative to what would happen without mitigation.

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.

That agreement would set a global carbon price.

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.

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

Inevitable, the costs to achieve the target emissions reductions would be much higher and the benefits would not be delivered (because it is highly unlikely the world will agree to a global carbon price).

A global carbon price commitment fixes this externality.

Finding this commitment requires letting go of a well - entrenched bias toward quantity targets and accepting a global carbon price (which should not be confused with a globally harmonized tax).

Not exact matches

Through the following op - ed in Thursdayâ $ ™ s Toronto Star, the United Steelworkersâ $ ™ Canadian Director makes the case for a carbon tariff. It is now widely accepted that the struggle against global warming will involve placing a price on carbon emissions.

Partnership between Generation Investment Management and Ecofys aims to explore how carbon pricing can facilitate sustainable global economic growth

Despite surging energy prices and ever - spreading carbon taxes to counter global warming, many primary processing industries are still pouring potential profit down the drain by overlooking the green energy potential of waste water.

Airlines are under pressure to reduce their carbon emissions, and are highly vulnerable to global oil price fluctuations.

Assuming a global system that would put a price on carbon emissions, the scientists then calculated the value of carbon credits awarded to homeowners and businesses for making their roofs and streets lighter.

Storing the carbon associated with global warming proved the most remunerative of the ecosystem services, providing roughly $ 378 of value over every hectare — despite a relatively low assumed price of carbon of $ 2.50 per metric ton.

Catherine Abreu, executive director of Climate Action Network Canada in Ottawa, said in a statement that carbon pricing alone isn't an adequate Canadian response to global warming.

But the failure of nations to craft a new global pact has caused demand for the CO2 offsets generated under the U.N.'s carbon markets to dry up, sending prices crashing and nearly bankrupting many of the companies that invested in the schemes.

Photo: Reuters I last raised the issue of a carbon price in «What Unconventional Fuels Tell Us About the Global Energy System», which added several data points to Charles C.

«What we find is that sustained low or high oil prices could have a major impact on the global energy system over the next several decades; and depending on how the fuel substitution dynamics play out, the carbon dioxide consequences could be significant.»

«In order to get the CCS deployed, ultimately you're going to need a carbon price,» said Nick Otter, chief executive of the Global CCS Institute, based in Canberra.

With the global economy in recession, fuel prices still high and ever - tighter emissions laws ahead, you might imagine that they too would be heading at full tilt towards an economical, low - carbon future.

«A carbon price would make the price of oil better reflect its true societal costs (including global warming impacts, health cost due to air pollution, as well as other environmental costs).

GCAM uses market forces to reach a specified greenhouse gas emission target by allowing global economics to put a price on carbon.

In particular, IIASA researchers will focus on how potential phosphorus market crises might put pressure on the global food system and create environmental ripple effects ranging from expansion of agricultural land to phosphorus price - induced changes in land management, which could exacerbate the already existing imbalance between carbon, phosphorus and nitrogen.