Armenia and Georgia are taking the climate change agenda seriously and contributing to efforts for mitigating global climate change through various ways, including preparation of low-carbon development strategies for their future economic growth.
Technological innovation can help realise environmental objectives in a less costly manner than would otherwise be the case. Thus, understanding the role that technological innovation can play in achieving environmental objectives is important for policy debates.
California is both one of the largest economies and one of the largest emitters globally, making its climate change policies some of the most important in the world. They are also some of the most ambitious.
“Effective Carbon Prices”, a new book from the OECD shows that taxes and emission trading systems are the cheapest way for societies to reduce CO2 emissions. The book estimates the costs to society of reducing CO2 emissions in 15 countries using a range of policy instruments.