Economic textbooks predict that taxes and emission trading systems are the cheapest way for societies to reduce emissions of CO2. This book shows that this is also the case in the real world.
This report maps existing and emerging carbon pricing initiatives around the world. It does not provide a quantitative, transaction-based analysis of the international carbon market since current market conditions invalidate any attempt to undertake such an analysis.
Leading businesses and investors are now working out how to align themselves with the objectives of the Paris Agreement.
Carbon pricing has emerged as a key mechanism to reduce greenhouse gas (GHG) emissions, which means that private and public stakeholders are seeking an informed view of how carbon-related price signals can drive global emissions reductions in line with these goals.
As the world economy slowly recovers from one of the longest and most severe global slowdowns in history, there has been growing interest in how fluctuations in economic activity interact with climate change policy.
This report covers case studies with three companies: Royal Dutch Shell, Rio Tinto, and Pacific Gas and Electric (PG&E), capturing their experiences and lessons learn preparing for and operating under policies that price carbon emissions.