Carbon price
EU ministers back €20 billion plan to ditch Russian fossil fuels
Finance ministers agreed to raise funds from the bloc’s carbon market but lawmakers are concerned it could compromise other green measures
UN body makes ‘breakthrough’ on carbon price proposal for shipping
After a decade of talks, there is consensus at the International Maritime Organization to put a price on shipping emissions – the next question is how high
EU lawmaker calls for carbon border tax revenues to boost climate finance
Support to clean up industries in least developing countries is necessary for the propose levy to comply with WTO rules, Mohammed Chahim argues
Green taxation can help us recover from the Covid-19 crisis. Here’s how
Scandinavian countries have raised taxes on pollution in response to economic crises, while reducing them on labour and capital, boosting productivity
EU’s border tax gives countries 5 years to clean up industries or face penalties
Unpopular among the bloc’s trading partners, countries are seeking exemptions to the carbon levy, as Brussels hints alternatives to pricing may be considered to dodge the tax
G20 backs carbon pricing, ‘raising stakes’ among emerging economies
The EU’s threatened carbon tariff on imports has spurred trading partners like Indonesia and Turkey to consider making polluters pay at home
Swiss public reject climate law over cost of living fears
In a referendum on Sunday, Swiss citizens narrowly voted against a package of measures including increased taxes on petrol and flights
To meet net zero by 2050 we need a long-term vision for carbon pricing
Only about 3.8% of global emissions are covered by a carbon price above $40 a tonne – that needs to change if the world is to meet the Paris Agreement goals
Emerging economies share ‘grave concern’ over EU plans for a carbon border tax
Brazil, South Africa, India and China say EU plans for a carbon levy on imported products like steel and cement will unfairly penalise their economies
Carbon markets are proving resilient to the coronavirus pandemic
In contrast with the aftermath of the 2008 financial crash, carbon prices have not taken a big hit from Covid-19, reflecting improvements in market design
Three ways the EU, China and US should deepen cooperation on climate in 2021
Building coalitions on green finance and carbon pricing and putting climate at the heart of diplomacy will allow the big three emitters to deliver on net zero goals
As US renews climate relations with EU and China, carbon pricing raises tensions
An EU plan to tax carbon-intensive imports could spur a race to the top between the world’s three biggest polluters – or become politically toxic
Campaigners confront IMF chief over green recovery contradictions
Analysis shows IMF advice to countries accessing Covid-19 emergency funds fails to systematically address climate risks and implicitly endorses fossil fuel subsidies
IMF endorses EU plan to put a carbon price on imports
If major emitters do not agree to a minimum carbon price, IMF chief Kristalina Georgieva said the EU was right to impose tariffs on imports at the border
Prospect of snap election reanimates Canada’s carbon tax battle
As prime minister Justin Trudeau calls for a green recovery from coronavirus, the Conservative opposition promises to fight a levy on polluters
Russia warns EU against carbon border tax plan, citing WTO rules
As Brussels gets serious about imposing levies on imports from polluting countries, Moscow argues such measures create unfair barriers to trade
How to raise an easy $1 billion per day for the Covid-19 recovery
A temporary tax hike on gasoline and diesel is one of the fairest, greenest ways to fund post-pandemic economic stimulus packages
IMF chief: $1 trillion post-coronavirus stimulus must tackle climate crisis
Kristalina Georgieva is urging governments to invest emergency loans in green sectors, scrap subsidies to fossil fuels and tax carbon
France calls for minimum carbon price to counter oil crash
Oil prices of around $20 a barrel do not reflect the cost for the climate, the French government argued ahead of a meeting of EU energy ministers
Carbon taxes are key to stop deforestation
In Colombia and Costa Rica, where governments have imposed carbon taxes, deforestation rates are down, while revenues to fund forest restoration efforts are up