Emissions Trading System

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Carbon pricing constitutes over a fifth of greenhouse gases

Carbon pricing constitutes over a fifth of greenhouse gases: Carbon prices now account for more than 20% of greenhouse gas emissions, having a total of 64 carbon pricing instruments now in service globally. That’s reported from the newest statistics from the World Bank, it indicates carbon pricing instruments produce around $53 billion in revenue, comprising…
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EU set to have carbon price on certain imports

EU set to have carbon price on certain imports: Now being called for by the Members of the European Parliament (MEPs) that less climate-ambitious countries will have a carbon price on certain imports to raise global ambition on climate change. A resolution on the World Trade Organisation-compatible has been adopted by Parliament that EU Carbon…
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