carbon market price News

  • Australia to link carbon pricing to world carbon markets

    From July 2015, Australia's carbon pricing mechanism will be linked to carbon markets around the world according to a press statement from the Australian Department of Resources, Energy and Tourism. This will allow reductions in carbon pollution to be pursued globally at the lowest cost. Carbon pollution is not confined to national borders - it affects the whole planet. International linking ...


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  • The key to carbon pricing:

    Canada is emerging from a global economic crisis of rare severity; by most measures in better shape than many of our trading partners and competitors. Our national economy has started to grow again, and some of our provincial economies are returning to the kind of growth rates that were the norm before the crisis hit. The fundamentals of our economy, from the banking sector to our ...


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  • Showcase

    Global Compact Network Singapore Launches First Official Chapter of the Carbon Pricing Leadership Coalition and Reporting Tool RICE

    Launch of Carbon Pricing Leadership Coalition’s first official chapter at Global Compact Network Singapore Summit Singapore, 19 November 2018 — The first official chapter of the Carbon Pricing Leadership Coalition (CPLC Singapore) was launched today by Global Compact Network Singapore and the Carbon Pricing Leadership Coalition ...

  • Carbon market crashes

    Untitled Document International carbon markets have experienced a major slump after several industrial strongholds in the EU reported better-than-expected environmental performance. ...

  • Mapping carbon pricing initiatives

    The World Bank has released a report, titled 'Mapping Carbon Pricing Initiatives: Developments and Prospects,' which provides an overview of current and prospective carbon pricing initiatives at the international, regional, national and sub-national levels. The report recommends flexibility in carbon pricing, alignment with national priorities, a staged approach for the introduction of ...


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  • Falling in love with carbon pricing

    Pricing CO2 could help to end the deadlock of international climate policy. Finance ministers around the world would have reason enough to favor carbon taxes or emissions trading even if they do not take into account the risks resulting from unabated greenhouse-gas emissions, a new study shows. While the outcome of the world climate summit in Paris is uncertain, national governments and their ...


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  • Carbon Pricing – The Momentum is Growing

    World Resources Institute (WRI) released Putting a Price on Carbon: A Handbook for U.S. Policymakers, a new paper that concludes that carbon pricing should serve as a core element to reduce carbon emissions and would produce a range of economic benefits to the U.S. economy. ...


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  • Carbon pricing, investment, and the low carbon economy

    Sustainable Prosperity (SP) has released a new Policy Brief on Carbon Pricing, Investment, and the Low Carbon Economy. This brief is the first in a series of foundational documents that SP will be releasing over the next few months, examining the links between carbon pricing and key economic policy issues. The role of the SP Policy Brief is to establish a basic frame of reference for considering ...


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  • Australia puts a price on carbon pollution

    Australia will move forward with a national emissions trading scheme. Prime Minister Julia Gillard announced the Australian Government's carbon price on the weekend - $23 for each tonne of pollution beginning on 1 July 2012. The price will rise by 2.5 per cent a year in real terms during a three-year fixed price period until 1 July 2015. The carbon price mechanism will then transition to an ...


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  • Unified carbon price is a must for Canada

    The National Round Table on the Environment and the Economy (NRTEE) has advised the Canadian federal government to move quickly to implement a unified national carbon pricing policy across Canada in order to meet the Government of Canada’s greenhouse gas (GHG) emission reduction targets for 2020 and 2050. The Report, Achieving 2050: A Carbon Pricing Policy for Canada sets out a comprehensive ...


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  • A Possible Rebirth of the Carbon Market?

    Many people have voiced pessimism over an international agreement to address climate change since the 2009 climate conference in Copenhagen fell short of expectations. The lack of a comprehensive, global effort to curb emissions; the failure by the United States to pass meaningful federal legislation, the continued recession in Europe; and, most recently, the election results in Australia have ...


    By The World Bank

  • Research links carbon pricing and productivity

    A policy brief released today links carbon pricing to possible gains in productivity through increases in innovation. The review profiles a growing body of academic research and good evidence to show that careful carbon pricing policy may be a tool to help Canada prosper in the long term. The research review, and related analysis of implications for policy makers, was commissioned by Sustainable ...

  • Cleaning up the carbon market

    This week the Kyoto Protocol’s clean development mechanism (CDM) has registered its 1000th project, an energy efficiency project in Andhra Pradesh, India, expected to reduce carbon dioxide emissions by more than 34,000 tonnes annually. While many are celebrating the start up success of multibillion-dollar CDM experiment designed to curb global warming, CDM regulators themselves are ...


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  • Research links carbon pricing and productivity

    A policy brief released today links carbon pricing to possible gains in productivity through increases in innovation. The review profiles a growing body of academic research and good evidence (from the EU in particular) to show that careful carbon pricing policy may be a tool to help Canada, in particular, prosper in the long term. The research review, and related analysis of implications for ...


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  • Establishing a Global Carbon Market

    Carbon markets are increasingly a key feature in national climate policies. Their design and implementation reflect differing imperatives between developing and developed nations, raising questions about how they are developed and what it would take to link them together into a single global carbon market. Establishing a Global Carbon Market: A discussion on linking various approaches to create ...

  • EU Carbon price crash warning

    A predicted oversupply of 1.9 billion tonnes of carbon permits in the EU's emissions trading scheme (ETS) between now and 2020 is risking a carbon price slump, according to a report by the environmental NGO Sandbag. New research in the study 'Buckle up! Tighten the cap and avoid the carbon crash' says that the intended abatement ...


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  • Westport to enter carbon market

    Westport Innovations Inc. has announced a program to monetize the carbon emission reductions associated with Cummins Westport (CWI) and Westport HD natural gas engines. The program will be a joint initiative with that in collaboration with Grütter Consulting. The Westport Carbon Project (WCP) is in the process of being registered with the internationally acclaimed Voluntary Carbon Market Standard ...


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  • Shadow pricing carbon in the energy sector

    Many large companies in the Canadian energy sector are incorporating a self-imposed internal carbon price into key business decision-making processes according to a new report released today by Sustainable Prosperity. This "shadow" carbon price is used widely by oil and gas, electricity ...


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  • Set the Right Price on Carbon and Investors Will Come

    This was not the time to discuss the science of climate change, or ways to protect coastal cities against monster storms. The development experts, journalists, policy wonks and investment professionals who gathered at the Center for Global Development in Washington this week were there to sort out a much thornier issue: How to mobilize and spend the  ...


    By The World Bank

  • Québec joins Carbon Pricing Leadership Coalition

    The Premier of Québec, Philippe Couillard, welcomes Québec’s membership in the Carbon Pricing Leadership Coalition (CPLC). The CPLC is an initiative of the World Bank that brings together leaders from government, business and civil society with the goal of implementing effective carbon pricing policies. “Québec firmly believes that fixing a price for carbon is one ...


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