Bloomberg reports that many, including UN Secretary-General Ban Ki-moon, are saying consensus on carbon pricing could be a key outcome of the December climate summit. And “pricing” means taxes, emissions trading systems or other schemes.
The growing global momentum for carbon pricing in both the public and private sectors will be on full display next week at a United Nations leaders summit on climate change.
About 40 countries and more than 20 cities, states and provinces have carbon pricing policies or plan to launch them, according to the World Bank. About 150 of the world’s largest companies also have incorporated a price on carbon into their business decisions, according to a report released Sept. 15. Read the full story.