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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Financial services promote a greener world

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According to Michel Sapin, the French Minster of Finance, the financial sector is in the midst of a transition. Investors, insurers, and banks are at the center of the climate change activity. In a recent presentation at COP21 Sapin noted, “Climate change has immense opportunities. The future is low emissions.” Principles for Responsible Investment, an…
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Carbon Tax – More of the Same or Energy Miracle?

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As we get closer to Paris, powerful voices are lining up to support a carbon tax. When you look closer, you see that the voices have different motives and divergent goals. In June 2015, six of the world’s largest oil companies sent a letter to the UNFCCC asking for a global carbon tax to be…
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I will, if you will

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 A comment in this week’s Nature concludes that the current route to Paris is too self-centered and not cooperative enough. Its authors, researchers from the Universities of Cambridge, Maryland, and Cologne, advise UNFCCC Parties to focus on the common commitment to a global price of carbon. Professor David MacKay of the University of Cambridge told…
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