The first handful of trades in the U.K.’s new carbon market on Wednesday morning indicates that polluting will be more expensive for everyone from power plants to factories than it
Kenya aims to set up an emissions trading system that will allow companies and other bodies to buy emissions allowances, the finance minister said on Tuesday, as the country strives
In the run-up to the 2021 Seoul Summit, convened by Partnering for Green Growth and the Global Goals 2030 (P4G), the SDG Knowledge Hub is previewing how, through dedicated sessions, the Summit
Environmental campaigners have launched a legal challenge against the UK Government, arguing that its continued support for expanding oil and gas production in the North Sea is incompatible with its
The Republic of the Marshall Islands has been advancing a proposal before the International Maritime Organization (IMO) to impose a $100 per ton tax on all greenhouse gas (GHG) emissions
Implementing a border levy to price carbon-intensive imports and protect European industries will be “extremely complicated,” warned Jonathan Pershing, a member of the US climate envoy’s team. “I do note
The cost of EU emissions allowances has doubled over the last two years, which is likely to renew debate over the relative merits of market-based and tax-based approaches to pricing
In September 2020, Ursula von der Leyen, the president of the European Commission announced that by 2030, the EU would aim to reduce greenhouse gas emissions by at least 55 percent below
Government proposes net zero deadline of 2045 instead of 2050, but critics demand actions not numbers Germany’s government is to revise its emission reduction targets after the country’s constitutional court
As the world looks to recover from the COVID-19 pandemic and tackle climate change, progressive consumer taxes on resource-intensive goods could help. Such taxes would fall on the rich more
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