News
Shipping: Carbon tax proposals ahead of IMO meeting make owners jittery
Owners doubt carbon costs’ recoveryMaersk CEO’s tax proposal fails to cut much iceConcerns over green fuels’ supply Shipping industry fears that any imposition of a carbon tax on ships that
Just Launched: COVID-19 Recovery Tracker for Latin America and the Caribbean
This tool tracks COVID-19 related fiscal spending policies announced by the 33 Latin America and Caribbean countries, updated every week. The LAC Recovery Tracker brings transparency to regional government spending
Investors With $41 Trillion Ask G-7 to Stop Subsidizing Fossil Fuels
A coalition of investors overseeing a combined $41 trillion of assets have called on world leaders to set more ambitious greenhouse gas emissions targets and end support for fossil fuels.
President Biden’s Budget Invests $2.8 Billion To Support Economies, Outdoor Recreation, & Access To Public Lands
The Departments of the Interior and Agriculture announced their proposed Fiscal Year 2022 allocations of $2.8 billion in projects, grants and programs authorized in the Great American Outdoors Act (GAOA)
Maersk Seeks $150-a-Ton Carbon Tax on Shipping Fuel
The measure would help shipping industry to shift to cleaner fuels. Maersk runs the world’s biggest fleet of container ships. The world’s largest container shipping line has called for a
Biden Administration Wants Agriculture Subsidies To Help Fight Climate Change
The White House wants to pay farmers for carbon in their soil. Sequestering carbon on farms is straightforward, but benefits are hard to measure. Some worry about creating another subsidy.
Clearing up the confusion on fossil fuel subsidies
There has been a lot of talk lately about fossil fuel subsidies in Canada — and a lot of confusion. There have been different estimates thrown around regarding how many
Carbon Taxes in Europe
In recent years, several countries have taken measures to reduce carbon emissions, including instituting environmental regulations, emissions trading systems (ETS), and carbon taxes. In 1990, Finland was the world’s first country
Private finance won’t decarbonise our economies – but the ‘big green state’ can
While the private sector wants to keep control of the green transition, what’s needed is massive public investment The pandemic, we often hear, is forcing a rethink in economics. We
