In its recent Policy paper on Carbon Pricing, the World Business Council for Sustainable Development (WBCSD) calls on policy makers to establish and extend current carbon pricing mechanisms. The Council,with 200 corporate members, points to the fact that businesses have internally been using carbon pricing to drive change within their operations and investment portfolios since they perceive it as a “low-cost means to achieve deep emission reductions while maintaining competitiveness, creating jobs, encouraging innovation, enabling investment, creating value to solutions and minimizing social costs”. To read the full paper, visit the WBCSD website.
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