Green fiscal policies such as fossil fuel subsidy reform, carbon-energy taxation, emissions trading, air pollution taxes and green subsidies can play a critical role in limiting energy-related negative impacts on human health, air quality and the climate. By pricing harmful emissions and driving the transition to clean and low-carbon energy sources and increasing demand for renewable energy technologies.
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.
Policy design and timing are critical to overcoming political costs to climate mitigation policies, as is the need to provide effective social insurance policies.
The European Commission recently proposed an EU-wide minimum tax rate for polluting aviation fuels such as kerosene to reduce CO2 emissions by 55% by 2030.
Global lender’s head Kristalina Georgieva calls on countries to step up their $100bn climate finance pledges.
Environmentally sustainable post-COVID-19 spending in Latin America and the Caribbean lags behind the rest of the world, according to a new platform co-developed by the University of Oxford that showcases real-time data from 33 countries.
To meet climate targets and avoid economic collapse, countries such as Iraq need international support in the transition to clean energy
Fossil fuel and mining companies would contribute billions toward conservation programs under a new proposal in the United States Congress.
The Scottish Government has put forward a draft policy programme for aligning its economic recovery plans for Covid-19 with its long-term climate, nature and social targets, developed under an agreement with the Scottish Green Party Parliamentary Group.
Concluding his three-day India visit on Wednesday, COP26 president Alok Sharma said that he has requested the Indian government to consider raising ambitions in emission reduction targets and reiterated that a delivery plan on finance for developing countries is being put in place ahead of the conference in Glasgow later this year.
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