carbon emissions

World economy 5th February 2022

There’s A Massive Bubble In The Price Of Carbon – And Yet It Won’t Bring Down Emissions Any Faster

Steffen Böhm (The Conversation) | Carbon trading was supposed to encourage companies to reduce their emissions. Yet for many years, the carbon price was trading well below €20 (£17) per tonne on the EU Emissions Trading System (ETS), which is by far the most established market for trading carbon in the world. Most agreed that this did not send any financial signals to carbon-intensive industries to invest in green technologies….

World economy 31st May 2021

Carbon Pricing Is Too Small Scale To Make A Difference

“At the global level, currently only 22% of carbon is being priced, which is really insufficient,” says climate change strategist Lucian Peppelenbos. “And the average global price of about USD 2/t CO2e is nowhere close to being serious.”

World economy 8th December 2018

Carbon Emissions Will Reach 37 Bn Tonnes In 2018, A Record High

P.Canadell, /C.Le Quéré /G. Peters/ Robbie Andrew/ Rob Jackson via The Conversation | Strong energy demand is behind the rise in emissions growth, which is outpacing the speed at which decarbonisation of the energy system is taking place. Total energy consumption around the world increased by one sixth over the past decade, the result of a growing global middle class and the need to provide electricity to hundreds of millions of people living in poverty.