He was speaking at the launch in Berlin of
a report on carbon pricing.
Not exact matches
With the exception of implicit
prices on carbon on some emissions in Sweden, Japan, and Germany (see this recent OECD
report for details), no
carbon pricing policy in place today comes close to that type of stringency.
Shell's Lorraine Mitchelmore is
reported as saying Canada «will need a
carbon price» (President Of Royal Dutch Shell Canadian Division Urges
Carbon Pricing —
Report on Business, Sept. 11).
As noted in The
Price of Climate Change, my colleagues and I believe these trends will not only encourage significant growth in clean technologies, energy efficiency and renewable infrastructure, but also greater transparency and
reporting on sustainability and the
carbon footprints of corporations around the globe.
Together with our preceding
report, How To Adopt a Winning
Carbon Price, which focused
on British Columbia's
carbon tax, we've now offered a look «under the hood» of the two major approaches to
carbon pricing, and the important lessons offered by each.
The Alberta government received the final
report from the independent panel led by University of Alberta economics professor Andrew Leach and announced its plans to phase out coal burning electricity plants, phase in a
price on carbon, introduce a limit
on overall emissions from the oil sands and introduce an energy efficiency strategy.
A 2015
report by Canada's EcoFiscal Commission sheds light
on the issue of energy intensive trade exposed business sectors, and the need to consider competiveness implications in shaping and implementing
carbon pricing mechanisms.
The initiative follows
on he heels of another
report by Oxford academics, which last year found that levying a tax
on animal products —
pricing them to reflect more accurately their harmful impact — could reduce meat eating to the extent that 1 billion tonnes of
carbon a year would be saved... and 500,000 lives.
Eliminating this financial risk premium makes nuclear power levelized electricity cost competitive with that of coal, and it becomes lower than that of coal when a modest
price on carbon dioxide emissions is imposed,» the
report says.
Although PCAST called for «very substantial mitigation,» its
report declined to recommend the idea of putting a
price on carbon pollution, a centerpiece of climate legislation that Congress rejected earlier in Obama's term - or the administration's pending decision
on whether to permit the controversial Keystone XL oil pipeline from Canada.
But the
report's author, Thomas Kerr, warned that this was a transitory pulse when sustained growth was needed, particularly given signs that no global
price on carbon dioxide emissions was likely any time soon.
And the
report, in a big shift from 20th - century strategies, puts little emphasis
on lofty but unrealistic approaches relying
on global governance or
carbon pricing as the means to transform the world's energy menu.
To achieve these goals, the
report recommended that the federal government implement a nationwide
price on carbon and eliminate subsidies to Canada's fossil fuel industry — particularly, its tar sands industry.
A
report published by the Environmental Law Students Association (ELSA), called for a «
carbon price escalator» with S$ 5 annual increments in the tax rate, arguing that Singapore's initial
price of S$ 5 is too far off from the benchmark of US$ 50 — US$ 100 per tonne of emissions recommended by World Bank's High - Level Comission
on Carbon Prices report.
On 2013/10/23, during the disastrous NSW fires, Christiana Figueres, the executive secretary of the UN Framework Convention on Climate Change, said that the NSW bushfires were proof that the world «is already paying the price of carbon», and also criticised the government's direct action policy (reported in news.com.au and elsewhere
On 2013/10/23, during the disastrous NSW fires, Christiana Figueres, the executive secretary of the UN Framework Convention
on Climate Change, said that the NSW bushfires were proof that the world «is already paying the price of carbon», and also criticised the government's direct action policy (reported in news.com.au and elsewhere
on Climate Change, said that the NSW bushfires were proof that the world «is already paying the
price of
carbon», and also criticised the government's direct action policy (
reported in news.com.au and elsewhere).
The meeting included briefings
on the health content of the 2018 National Climate Assessment and the Lancet Countdown
reports, presentations
on a range of solutions including
pricing carbon, accelerating the transition to clean energy, and greening the health sector.
Right now, our global competitors are growing their clean energy sectors in order to dominate a market that some expect to expand by $ 2 trillion over the next decade.16 As we describe in our
report, Creating a Clean Energy Century, 17 China is committed to investing over $ 700 billion in clean energy over the coming decade, 18 in addition to building 245 new nuclear plants19 and putting a
price on carbon.
RCP4.5 is based
on the MiniCAM Level 2 stabilization scenario
reported in Clarke et al. (2007) with additional detail
on the non-CO2 and pollution control assumptions documented by Smith and Wigley (2006), and incorporating updated land use modeling and terrestrial
carbon emissions
pricing assumptions as
reported in Wise et al. (2009a, b).
In a new
report, experts from the Union of Concerned Scientists examine different future energy scenarios and find that it is possible not only to scale back energy's reliance
on water, but also to reduce
carbon emissions and provide reliable power at a reasonable
price.
I was too busy to post when it came out, but the Climate Institute has recently issued an important
report on the implicit
carbon price associated with such measures as renewable energy quotas.
... A new
report by the environmental data company CDP has found that at least 29 companies, some with close ties to Republicans, including ExxonMobil, Walmart and American Electric Power, are incorporating a
price on carbon into their long - term financial plans...
The
report says more than half of the world's largest companies now back steps to cut heat - trapping emissions and a third support putting a
price on carbon.
New Zealand
carbon allowance
prices rose 10 cents to their highest since Mar. 1
on Thursday, the deadline day for emitters to
report their 2017 GHG output.
A World Bank
report on international efforts to
price carbon is expected to be one of the highlights of the meeting, with a senior official telling RTCC it would reveal a «substantial number» of countries and businesses now account for CO2 use.
Another key focus of the
report is
on the importance of aligning
carbon pricing with the broader policy landscape.
Requires auctions to have a minimum reserve
price, which in: (1) 2012 will be $ 28 per allowance; (2) 2013 and 2014 will be the minimum strategic reserve auction
price for the previous year increased by 5 % plus the rate of inflation; and (3) 2015 and thereafter will be 60 % above a rolling 36 - month average of the daily closing
price for that year's emission allowance vintage as
reported on registered
carbon trading facilities.
In 2014, the Committee
on Climate Change will also
report its advice ahead of a Government review later in 2014
on whether the Fourth
Carbon Budget (2023 - 2027) should be relaxed in light of a weak EU Emissions Trading System
carbon price (a concern covered in the Environmental Audit Committee's 2011
report).
-- For each strategic reserve auction held in 2015 and each year thereafter, the minimum strategic reserve auction
price shall be 60 percent above a rolling 36 - month average of the daily closing
price for that year's emission allowance vintage as
reported on registered
carbon trading facilities, calculated using constant dollars.
According to a new
report published
on World Bank Group
on carbon pricing, by 2015, the number of implemented or planned
carbon pricing schemes around the world has almost doubled since 2012.
But a recent
report by the environmental research group CDP revealed that at least 29 major companies, including five major oil producers, are basing their internal planning
on the assumption that such policies — specifically, a government - mandated
carbon price — will be a reality as soon as 2020.
«What this
report shows is that food
prices are far more at risk from extremes in the weather and the climate, extremes that will increase with climate change, than they are with any ETS or a system which puts a
price on carbon pollution,» Mr Connor said.
By
reporting potential emissions, a company would acknowledge its contribution to the
carbon budget and implicitly show that it is preparing to respond to policies and market signals for a low -
carbon future, such as a
price on carbon pollution.
In addition the
report says countries must adopt policies that put a
price on carbon emissions and provide incentives to spur the development of energy - efficient technologies.
The final
report must also explain the rationale for NYS ratepayers to definitely increase our cost of electricity with a
price on carbon is appropriate relative to the speculative effects of any SCC value.
3 April: ABC: Climate change
report a wake - up call: Combet The World Today By Sabra Lane and Eleanor Hall Mr Combet says the
report underpins the reason why the Government has put a
price on carbon.
Interestingly, beyond this, despite considerable rhetoric about moving beyond debates about
carbon -
pricing, the
report recommends that in order to avoid adding to the Federal debt, it would be necessary to impose new taxes, including increased royalties for oil and gas extraction, a tax
on imported oil, a tax
on electricity sales, and a «very small
carbon price» (presumably from a modest
carbon tax or unambitious cap - and - trade system).
Furthermore, the IEA
report makes it clear that abundant cheap natural gas could push renewables out of the market unless there is a
price on carbon or aggressive economic support for non-fossil renewable energy.
The
report argues that only firm action, including putting a
price on carbon - dioxide emissions, will avoid more catastrophic events.
70 companies across 20 sectors from nearly 30 countries have aligned with the Business Leadership Criteria
on Carbon Pricing, a set of ambitious standards to help companies set, advocate and
report on a
price on carbon, developed by the UNGC together with UNEP, the UNFCCC secretariat and Caring for Climate partners — CDP, Principles for Responsible Investment, The Climate Group and UN Foundation.
The
report «identif [ies] the range of
carbon prices that, together with other supportive policies, would deliver
on the Paris climate targets agreed by nearly 200 countries in December 2015,» according to the council's press release, which was issued under the title, Leading Economists: A Strong
Carbon Price Needed to Drive Large - Scale Climate Action.
This analytical
report argues that the structure of the Clean Development Mechanism (CDM) has reduced the effectiveness of the resources spent
on carbon reduction and attempts to measure the cost of the ineffectiveness analysing the projects registered under the CDM by measuring their cost of abatement against the
price paid for doing the abatement.
This
report by CEBDS and CDP, launched during COP22, offers the Brazilian business sector relevant information
on carbon pricing and the main challenges involved in its design and implementation.
A
Price on Carbon: The most effective way to spur this kind of change, the report said, would be to impose a price on greenhouse gas emissions, such as a carbon
Price on Carbon: The most effective way to spur this kind of change, the
report said, would be to impose a
price on greenhouse gas emissions, such as a carbon
price on greenhouse gas emissions, such as a
carbon tax.
As
reported in Climate Spectator last week, analysts from Citigroup have started looking at how individual company share
prices might perform if governments take strong action
on carbon emissions.
Tara Garnett, the
report's author, warned that campaigns encouraging people to change their habits voluntarily were doomed to fail and urged the government to use caps
on greenhouse gas emissions and
carbon pricing to ensure changes were made.
However, his landmark
report was, in part, misunderstood, because while everyone focused
on the market failure of not putting a
price on carbon it also identifed five other market failures that fuel the climate crisis: a failure of R&D investment; a failure of capital infrastructure investment; a failure to build networks where benefits are shared; a failure to account for co-benefits; and a failure of information distribution
He says a bipartisan group of senators is still indeed at work
on bill that will stimulate clean energy growth and
price carbon emissions — and that such a compromise bill is
on the way, Reuters reports.According to that
report,
Some other forecasts from the
report: Electricity
prices increase, regardless of whether a
price on carbon is established or not: +30 % by 2030 and +45 % by 2050.
According to that
report, 150 companies worldwide impose a
price on carbon in their internal operations and investment decisions and 212 companies are directly engaging with policymakers in support of
carbon pricing legislation.
Moreover, «they are ahead of their governments in planning for climate change risks, costs, and opportunities,» according to a 2014
report on the global corporate use of
carbon pricing.