Equity Takes Center Stage in Global Stock Take Discussions

COVER

In determining the modalities, procedures, and guidelines for the Global Stock Take under Article 14 of the Paris Agreement, equity is the name of the game. Parties joining the first informal consultation on the Ad Hoc Working Group on the Paris Agreement on November 7, 2017 have repeatedly mentioned the need for considering the impact…
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Climate Change News from Across the Pond

france frack

Newsflash #1 France has announced that it might stop importing shale natural gas from the United States because it’s extracted using hydraulic fracturing.  Fracking was banned in France in 2011. Two French utilities currently contract with Houston-based Cheniere Energy, which sells them liquified natural gas (LNG) comprised of 40% shale gas. Notably, this policy debate in France is taking place as the US seeks to step up its LNG…
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Pricing carbon: Is this the year?

ICAP

At the close of COP21, French President Francois Hollande promised to build on the Paris Agreement by advocating for a global carbon tax. Putting a price on carbon has been done at regional, national, and subnational levels thus far. Some jurisdictions have used the cap and trade approach while others have levied a carbon tax. Today the…
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