![Eon chief puts carbon tax back on the agenda [Energy Post Weekly]](https://energypost.eu/wp-content/uploads/2018/01/EPW80-2-a-Johannes-Teyssen-with-Green-MEP-Claude-Turmes-150x99.jpg)
As the EU institutions wrap up a climate policy framework for 2030, the CEO of one of Europe’s biggest energy companies has issued a fresh call for a carbon tax for the transport and heating sectors as well as a carbon floor price for the industry and power sectors. What is more, Johannes Teyssen, CEO of German utility Eon, says the European Commission has done all it can to push climate policy – now it’s the turn of the Member States – Germany … [Read more...]
Emissions reductions from carbon pricing can be big, quick and cheap
The UK carbon tax on fuel for power generation provides the most clear-cut example anywhere in the world of large scale emissions reductions from carbon pricing, writes climate change economist Adam Whitmore. These reductions have been achieved by a price that, while higher than in the EU ETS, remains moderate or low against a range of other markers, including other carbon taxes. … [Read more...]
The climate solution no one in Davos will be talking about
Economists say a global carbon tax would efficiently shift the world to safer energy production. So why is it barely mentioned, ask Ian Lefond and Timmons Roberts of Brown University? Article courtesy of Climate Home News. … [Read more...]
China just launched the world’s largest carbon market. Here are 3 ways it can succeed
On December 19, China formally launched its national carbon market. By setting a carbon price on the country’s largest greenhouse-gas emitters, China has launched a new, crucial endeavor in its efforts to tackle pollution and climate change, write Hal Harvey and Hu Min of the San Francisco-based think tank Energy Innovation. … [Read more...]
The quiet power market transformation behind the new carbon market in China
In December, the Chinese government announced the launch of a national carbon emissions trading scheme (ETS), which is expected to become the largest ETS in the world. This is a major development, writes Max Dupuy, senior associate at the Regulatory Assistance Project (RAP), but its success depends on an even deeper power sector transformation that is taking place in China, which gets much less attention. This reform effort promises to completely … [Read more...]
A fresh start for climate change mitigation in New Zealand
The election of the sixth Labour-led government, in a coalition with the Greens, heralds a new direction for climate change policy in New Zealand, writes professor Robert McLachlan of Massey University. That is high time, according to McLachlan: the country’s emission trading system has not delivered, greenhouse gas emissions have risen. Courtesy The Conversation. … [Read more...]
The case for additional actions within the EU ETS has just become stronger
It is sometimes thought that total emissions in the EU ETS (Emission Trading System) are equal to the cap, and so any additional actions, such as phase-out of coal power, increasing energy efficiency and deploying more renewables, have no effect. But this is not true, writes climate change economist Adam Whitmore. Indeed, according to Whitmore, recently agreed reforms to the EU ETS strengthen the case for additional actions. For policymakers, … [Read more...]
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