Carbon pricing should drive African development, not hinder it

Carbon pricing should drive African development, not hinder it

This week, representatives from government, business and civil society are gathering at the Carbon Pricing Leadership Coalition’s High-Level Assembly to discuss how carbon pricing can be used to shift investments towards low-carbon and climate-resilient projects, and how carbon pricing can address broader social concerns.

Columbia University's Center on Global Energy Policy Joins the CPLC

Columbia University's Center on Global Energy Policy Joins the CPLC

As carbon pricing gains increasing attention around the world, it’s essential that policies are informed by independent and sound analysis. The Carbon Tax Research Initiative at Columbia University's Center on Global Energy Policy is pleased to join the Carbon Pricing Leadership Coalition to offer its analytical expertise and learn from CPLC members about the opportunities and challenges of carbon pricing. CGEP’s initiative helps policymakers, businesses, and other leaders understand carbon pricing and the impacts on the economy, emissions and energy markets.

Gearing Up for Change: Challenges faced by Indian Private Sector as they take on Carbon Pricing

Gearing Up for Change: Challenges faced by Indian Private Sector as they take on Carbon Pricing

Over the past few years, there has been a groundswell of support for carbon pricing - not only by governments, but increasingly by the private sector. As of 2017, almost 1400 companies worldwide are embedding an internal carbon price into their business strategies, up from 140 in 2014.

Building on this theme, Carbon Pricing Leadership Coalition (CPLC) and its partners, World Resources Institute (WRI), CDP, and International Finance Corporation (IFC) joined forces with The Energy and Resources Institute (TERI) to convene a private sector roundtable in the margins of the first International Research Conference on Carbon Pricing on February 14-15, 2019 in New Delhi, India.

Learn more about the key takeaways from the discussion.

Four provinces outperformed the rest, all while pricing carbon pollution

Four provinces outperformed the rest, all while pricing carbon pollution

Opponents of carbon pollution pricing have had a busy year, incessantly warning of the severe economic damage such policies will purportedly cause.

Thankfully, proponents of clean growth have had a busy year too. Alberta wrapped up its consultation process on output-based allocations for large industrial emitters, Manitoba and Nova Scotia announced new carbon pricing systems, and the federal government took steps to implement a pan-Canadian backstop for carbon pricing.

Read the full op-ed from CPLC Partner Pembina Institute’s Maximilian Kniewasser and Julia-Maria Becker.

Learn How to Manage GHG Emissions

Learn How to Manage GHG Emissions

The George Washington University, as a member of the CPLC, offers a unique graduate-level program in GHG Management. And it’s available online so you can earn your Certificate in GHG Management regardless of your location. In four online semester-length courses world experts offer comprehensive hands-on training that prepares you to begin your GHG management career immediately. And you can complete the program in less than one year.

A Carbon Price Can Benefit the Poor While Reducing Emissions

A Carbon Price Can Benefit the Poor While Reducing Emissions

Climate discussions like those we’ve just been seeing at the UN summit in Katowice, Poland tend to focus on working together to deliver existing climate commitments and raising ambition—getting countries to reduce more GHG emissions, faster.  But there’s an equally important issue that gets far less attention: ensuring climate action is delivered in a way that doesn’t leave anyone behind, particularly the world’s most vulnerable people.

See Helen Mountford and Molly McGregors’ latest blog post on how carbon pricing can benefit the poor and reduce emissions.

How can carbon pricing support economic diversification in the Arab Gulf States?

How can carbon pricing support economic diversification in the Arab Gulf States?

The Arab Gulf States – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE –are highly vulnerable to oil price shocks due to their high economic reliance on oil and gas export revenues. Historically, oil price shocks have been a source of pressure on the Arab Gulf States economies. However, only since mid-2014 have oil prices seemed to pressure on political regimes to consider domestic economic reforms and development of alternative sources of income (i.e. economic diversification).

To avoid long-term negative implications – such as increasing total CO2 emissions and deterioration of air quality associated with increasing downstream petrochemical energy intensive industries, fossil fuel subsidy reforms, enhancing energy efficiency and the use of clean energy technologies are indeed instrumental to tackle such issues. In this article, carbon pricing is proposed as a useful instrument to complement the aforementioned tools.

Why your smartphone and acid rain should give you hope about climate change

Why your smartphone and acid rain should give you hope about climate change

Earlier this Fall, the Intergovernmental Panel on Climate Change (IPCC) put the world on notice (again): Unless we make significant changes in how we get our energy and use our land, we will be committing to a future with tremendous human suffering from extreme weather, drought, and ecological damage. While the report is driving important conversations about solutions to this challenge, the average reader might feel discouraged about the changes required. Luckily, the truth is more hopeful than some recent press lets on.

See the latest from Assistant Professor of Environmental Science and Policy at Smith College, Alex Barron.

Mapping Carbon Pricing Around the World

Mapping Carbon Pricing Around the World

Putting a price on carbon pollution is recognized as an effective, transparent and efficient policy approach to reducing GHG emissions. Indeed, pricing carbon emissions is much more beneficial than paying its developmental, economic, and health costs! The good news is: more and more countries are taking advantage of this economic instrument and the number of carbon pricing initiatives (such as Carbon Tax or Emission Trading Scheme - ETS) has tripled in the last decade

Read Chandni Dinakaran’s blog post on how the World Bank Group is mapping carbon pricing initiatives around the world.

Paris goals can only be achieved in time with robust bottom-up action

The Intergovenmental Panel on Climate Change this month published its special report on what action is required to keep global temperature increases to less than 1.5 degrees Celsius above pre-industrial levels. But real demand for change is growing at ground level. Consumers around the world are paying greater attention to the environment and the climate, and making changes to their own lifestyles. Alexis Leroy, the CEO and Founder of Allcot Group, makes the case for bottom-up action.

Dominica: Tax Reform to Boost Climate Resilience

Dominica: Tax Reform to Boost Climate Resilience

Dominica, a small-island state in the Caribbean, is among the countries most exposed to natural hazards. In response, Prime Minister Roosevelt Skerrit has expressed “plans to make Dominica the first climate resilient nation in the world”. This includes through strengthening the resilience of Dominica’s physical infrastructure and natural environment, but also through building greater fiscal resilience, flexibility and ability to cope with climate events and shocks. Read more in David Cal MacWilliam’s post.

The 2018 economics Nobel shows we can’t discuss economics without considering climate change

The 2018 economics Nobel shows we can’t discuss economics without considering climate change

Nathaniel Keohane, Senior Vice President for Climate Change at the Environmental Defense Fund, emphasizes how, in his words, we can no longer discuss our economic future without considering the enormous costs of climate change. Building off the recent Nobel prize in economics awarded to his former teacher and colleague William Nordhaus, Keohane highlights the costs of climate change, but also the real opportunities a low-carbon economy presents. A case Nordhaus has made for the last quarter century.


Recap: Climate Week Provides Platform to Drive Action in Latin America and the Caribbean

Recap: Climate Week Provides Platform to Drive Action in Latin America and the Caribbean

The 12th edition of the Latin America and Caribbean Climate Week, which took place this year in Montevideo, Uruguay from August 20-23, concluded its program with showcasing groundbreaking action underway in the region to dramatically reduce greenhouse gas emissions and build climate resilience to improve sustainability and readiness to tackle the impacts of climate change.

Steps Toward a Low-Carbon Economy: From Footprints to Forward Estimates of Earnings at Risk

Steps Toward a Low-Carbon Economy: From Footprints to Forward Estimates of Earnings at Risk

The landmark Paris Agreement to accelerate the transition to a low-carbon economy marked a sea change in the global fight against climate change. A swelling tide of carbon-limiting regulations has since emerged, shifting the narrative from what once was a largely ethical debate about the sustainability of our planet for future generations, to a material set of risks and opportunities for the global economy and financial markets, today.

Higher Education Leadership on Carbon Pricing

Higher Education Leadership on Carbon Pricing

Earlier this month, a new kind of player emerged on carbon pricing: colleges and universities.  They are not only implementing carbon prices; they are researching and sharing their work. Casey Pickett provides a recap from the launch of the Toolkit for Internal Carbon Pricing in Higher Education and calls for greater engagement from leaders in higher-education.

Carbon pricing is crucial to save planet

Carbon pricing is crucial to save planet

The impacts of the changing climate are becoming increasingly evident, especially for the most vulnerable people in the world. We must limit the carbon and other greenhouse gases released into the atmosphere to keep global warming below 2 degrees Celsius, as outlined in the Paris Agreement. There is no Plan B because, as President Emmanuel Macron, the French president, has said, “There is no Planet B.”

Declaration on Carbon Pricing in the Americas: Building Momentum Among Continents

Declaration on Carbon Pricing in the Americas: Building Momentum Among Continents

In the wake of the historic Paris Agreement, new partnerships are emerging around the world to keep the momentum on climate action going — including the Declaration on Carbon Pricing in the Americas. Neydi Cruz, Angela Churie Kallhauge, Dirk Forrister, and Nathaniel Keohane lay out the background to the Declaration and what the partners have achieved since its December 2017 signing.