Pricing carbon: Is this the year?

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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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The Inevitable Linkage Discussion

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Let’s face: it is almost the end of 2014 and we are still negotiating an international agreement to mitigate climate change for after 2020. The good news is that several countries have taken the initiative, and adopted climate change policies. These policies vary from emissions trading, carbon taxes, performance standards, among others. But what role…
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No Need to Re-Invent the Wheel

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At today’s side event forum, hosted by the Executive Board of the Clean Development Mechanism (CDM), panel members called for governments to stand behind the CDM. Comprised of Executive Board members of the CDM, renowned representatives from the Parties and the private sector, World Bank and Green Climate Fund (GCF) the message was clear, there…
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European Council Endorses Binding 40% GHG Emissions Reduction Target by 2030

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On October 24, the European Council released its Conclusions on 2030 Climate and Energy Policy Framework. This announcement asserted a 40% domestic GHG Emissions Reduction Target by 2030 compared to 1990 levels. Approximately 10% of all GHG emissions worldwide currently come from the EU. Under this newly announced goal, the EU must also increase renewable…
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Germany, Exhibit A of the EU Emissions Debate

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Although Germany is popularly viewed as an international leader in the clean energy field, its 2013 performance in producing electricity tells a different story.   Electricity output from brown coal plants rose .8% in 2013, to 162 billion kilowatt hours, according to the German Institute for Economic Research.   This was the highest level since reunification, when Germany…
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EU Debating Internally Its Carbon Emission Pledges

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This article in Bloomberg News explores the divide among EU member countries when setting the bloc’s overall commitments under the second commitment period of the Kyoto Protocol, as well as those it will agree to in the KP’s successor agreement due to be signed in Paris in 2015.  A draft plan due to be released tomorrow by the…
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