A global pollution price for ships is back on the agenda – here’s how to get it right

by Wijnand StoefsShippingPosted on Comments are Disabled

A worldwide shipping carbon pricing scheme must reduce pollution fast, finance technologies that reduce more emissions, and support countries most impacted by climate change. It must not include offsetting nor be allowed to weaken national or regional measures. The global shipping sector is still not paying for the climate damage it is causing. While carbon …

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Carbon Market Watch is looking to hire a Policy Officer

by Kaisa AmaralGlobal marketsPosted on Comments are Disabled

Vacancy for Policy Officer  Carbon Market Watch’s mission is to ensure that carbon pricing and other climate policies cut pollution and drive a just transition towards zero-carbon societies. Given the urgency of halting the climate breakdown, we want market-based climate policies to fulfil their promise and be used in wise combination with regulatory and incentivising measures. Our strengths …

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Pricing pollution can drive green growth 

by Kaisa AmaralDecarbonising European industryPosted on Comments are Disabled

New report busts industry competitiveness myths Carbon pricing can unlock the potential for innovation and boost new low-carbon businesses. Contrary to industry claims, it plays only a limited role in companies’ location and investment decisions. Sectors such as cement where transport costs are high are unlikely to lose competitiveness due to carbon pricing.  The months …

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Did the elections mark a turning point for taxing carbon?

by Kaisa Amaral2050 climate strategiesPosted on Comments are Disabled

Last weekend’s European Parliament elections made it clear that climate change will be high on the agenda of the incoming EU policymakers. Different forms of carbon taxes will be among the key climate topics.   Last weekend, Europeans cast their vote in record numbers, with an overall turnout at the EU Parliament elections rising to …

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It’s time governments moved together towards strong global pollution pricing

by Gilles DufrasneGlobal marketsPosted on Comments are Disabled

After over a decade of testing carbon pricing schemes, countries should explore lessons learned and start working on a collective implementation of carbon pricing through the Paris agreement. A new report from the International Monetary Fund (IMF) supports price floors for carbon markets and suggests that the Paris agreement should constitute a basis for starting …

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An elephant in the room

by Gilles DufrasneGlobal marketsPosted on Comments are Disabled

How offsetting threatens even the most ambitious carbon pricing initiatives As leaders from three major carbon pricing jurisdictions meet in Brussels this week, it is important to take stock of how effectively pollution is priced in China, Canada, and the EU, and how it can help deliver on Paris climate goals.   The 24th UN …

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Head of IMF urges countries to adopt higher carbon prices

by Femke de JongGlobal marketsPosted on Comments are Disabled

Polluting cannot be as cheap as it is today – was the message from ministers, business executives and civil society leaders who came together at the third high-level annual assembly of the Carbon Pricing Leadership Coalition (CPLC) last week. Carbon Market Watch will join the CPLC’s steering committee to advance NGO engagement and help ensure …

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Ticket tax: Both minimally effective AND incredibly impactful?

by Kelsey PerlmanAviationPosted on Comments are Disabled

The Swedish government is tackling the soaring emissions from aviation through an extra fee on airline tickets. There has been significant industry pushback about the extra costs, stating concerns both about economic impacts and low environmental benefits. We agree that in order to drive real transformation of the most polluting of all transport modes, overall …

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OECD: Governments must boost carbon pricing to address climate change

by Kaisa AmaralGlobal marketsPosted on Comments are Disabled

The Organisation for Economic Co-operation and Development (OECD) says that taxes in major economies are far below the cost of pollution from the use of fossil fuels on climate and the environment, urging governments to do more to make polluters pay. A lax tax Taxes on high-carbon activities can trigger catalytic shifts towards low-carbon societies …

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