Climate change will be the single most important global policy challenge of the 2020s. Green fiscal policies such as carbon taxes, emissions trading and fossil fuel subsidy reform are amongst the most efficient and effective instruments to policymakers to tackle climate change.
How European insurance industry partnerships can support the EU’s drive toward a climate-neutral continent and economic recovery.
Austria announced the introduction of a new “eco-social” reform of the tax system. Everyone in the governing coalition gets something: but does the environment?
Xi Jinping’s vow to end China’s international coal is puzzling China watchers with details on how far the promise goes still unclear.
Environment ministers from the African continent last Thursday pledged mobilization of additional resources to accelerate a post-pandemic recovery that is green and inclusive.
There’s one thing holding public power back as the industry strives to meet the ambitious clean energy goals — the federal tax code. As it currently stands, federal tax policy puts public power communities at a disadvantage by having them pay more for the same clean energy outcomes as customers in other market.
Business leaders pushed for a ‘greener’ economic recovery from the COVID-19 pandemic as they warned about the impact of the climate crisis is an “even greater emergency.”
Almost 90% of the $540bn in global subsidies given to farmers every year are “harmful”, a startling UN report has found. This agricultural support damages people’s health, fuels the climate crisis, destroys nature and drives inequality by excluding smallholder farmers, many of whom are women, according to the UN agencies.
More than two thousand leading scientists and academics have called on world leaders to commit to a new fossil fuel ‘non-proliferation treaty’, committing to urgently phase out the use of coal, gas and oil in response to the emerging threats posed by climate change.
“Blue hydrogen” is made using gas, which is a fossil fuel. Part of the production process involves capturing the carbon. It is considered to be better for the environment than gas, but some carbon is still released into the atmosphere.
The idea is simple. Companies that extract fossil fuels should be responsible for ensuring the same amount of CO₂ generated from using them is buried back deep underground.
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