France calls for global floor on carbon pricing
French Finance Minister Bruno Le Maire called on Friday at a meeting with his G20 counterparts for a global minimum price for carbon emissions in the absence of a single global price.
French Finance Minister Bruno Le Maire called on Friday at a meeting with his G20 counterparts for a global minimum price for carbon emissions in the absence of a single global price.
The European Union (EU) and China announced sweeping plans this week to dramatically reduce greenhouse-gas emissions to slow the pace of climate change. Many scientists say the warming climate is creating more
China expects trading to commence on its long awaited national carbon emissions trading scheme (ETS) this month, and sources aware of the plans expect a launch ceremony to be held on Friday.
G20 finance leaders recognized carbon pricing as a potential tool to address climate change for the first time in an official communique on Saturday, taking a tentative step towards promoting the idea and coordinating carbon reduction policies.
Fossil fuel subsidies persist despite the climate crisis. They distort the energy market by keeping fossil fuel prices artificially low. Removing these subsidies must be accompanied by social programmes that will reduce the impact on the poorest household.
Across Italy, France, Portugal and Spain, at least €8.3bn of EU recovery funds are planned to be spent on hydrogen and renewable gases thanks to lobbying from the fossil-fuel industry.
Bureaucracy is hampering Bangkok’s renewable energy drive as rival Vietnam powers into the regional lead. Thailand is lagging Vietnam in the race to transition from fossil fuels to clean energy
The Informal Dialogue on Plastics Pollution and Environmentally Sustainable Plastics Trade currently has 16 co-sponsors. Ambassador Chad Blackman of Barbados, one of the Dialogue’s co-coordinators, said the 21 June discussions
Thailand’s economy is currently at its weakest since the 1997 Asian financial crisis. This has led the Thai government to put on hold its plans to undertake major reforms of
There is growing attention on the concept of carbon border adjustment mechanisms (CBAMs), a hypothetical form of trade restriction intended to deal with “carbon leakage”: the expectation that aggressive mitigation
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