“By basically taxing carbon-intensive power generation, it leaves the choice of when, where and how to invest in cleaner technologies up to the market,” said Guy Turner. Image: MSCI Carbon Markets.

The main agreements reached by the international community at COP28 (Dubai, 2023) included decisions to phase out the use of hydrocarbons, committing countries to: a) transition away from fossil fuels ...

Economists have long advocated for a price on emissions, but its implementation has been difficult due to concerns about its impact on overall welfare. The benefits of carbon pricing extend beyond ...

John Hawkins was formerly a senior economist at Treasury and secretary of the Senate Select Committee on Climate Policy. This month, the Australian government will release its emissions-reduction ...

LONDON (Reuters) - Companies and governments around the world are turning to emissions trading as a weapon to fight climate change and join a global carbon market worth $142 billion last year. Under ...

Reducing industrial sector emissions is a critical and challenging step to address climate change. In the United States, industry accounts for around 30 percent of total emissions, the third-largest ...

SEOUL, Nov. 25 (Yonhap) -- Seoul will operate its greenhouse gas emission permit trading system in lockstep with the minimum reduction target under its nationally determined contribution (NDC), the ...

The United States is lagging behind when it comes to emissions trading. A new OECD study finds that it is one of the countries to have barely invested in the market-based climate tool, with only ...