Leading Economists: A Strong Carbon Price Needed to Drive Large-Scale Climate Action

Leading Economists: A Strong Carbon Price Needed to Drive Large-Scale Climate Action

Meeting the world’s agreed climate goals in the most cost-effective way while fostering growth requires countries to set a strong carbon price, with the goal of reaching $40-$80 per tonne of CO2 by 2020 and $50-100 per tonne by 2030. That’s the key conclusion of the High-Level Commission on Carbon Prices, led by Nobel Laureate Joseph Stiglitz and Lord Nicholas Stern.

D’après des économistes du monde entier, une tarification élevée du carbone est nécessaire pour une action ambitieuse contre le changement climatique

D’après des économistes du monde entier, une tarification élevée du carbone est nécessaire pour une action ambitieuse contre le changement climatique

Pour atteindre de manière efficace les objectifs climatiques de la communauté internationale tout en encourageant la croissance, il est impératif que les pays fixent un prix du carbone, avec l’objectif d’atteindre entre 40 et 80 dollars par tonne de CO2 en 2020, puis entre 50 et 100 dollars en 2030. Telle est la principale conclusion de la Commission de haut niveau sur les prix du carbone, co-présidée par le prix Nobel Joseph Stiglitz et par Lord Nicholas Stern.

WORLD’S FIRST INVESTMENT-GRADE CARBON PRICING FOR POWER SECTOR LAUNCHED BY INDUSTRY HEAVYWEIGHTS

WORLD’S FIRST INVESTMENT-GRADE CARBON PRICING FOR POWER SECTOR LAUNCHED BY INDUSTRY HEAVYWEIGHTS

New insights on carbon prices to transform the power sector were launched today by the world’s first industry-led initiative convened by business leaders from Bank of America, Barclays, PGGM, MN, Engie, Iberdrola, NRG and Hermes Investment Management. The power sector accounts for a quarter of global emissions and defining investment-grade carbon price ranges will help companies better understand risks and how these align with the goals set out in the Paris Agreement.

IETA releases Carbon Market Readiness Training Guide to help new wave of markets

IETA releases Carbon Market Readiness Training Guide to help new wave of markets

IETA is proud to release its first Carbon Market Readiness Training Guide, featuring corporate experts who share their market experiences through the Business Partnership for Market Readiness (B-PMR) global outreach.

 

The guide, commissioned by the World Bank’s Partnership for Market Readiness (PMR), is aimed primarily at private sector actors in regions where carbon markets are planned or under development. Tackling issues such as offset strategies, competitiveness concerns, risk management, carbon accounting, and internal governance, each chapter was written by a private sector carbon market practitioner.

MOVE Systems and ALLCOT sign agreement to develop first ever New York based carbon credit generation project

MOVE Systems and ALLCOT sign agreement to develop first ever New York based carbon credit generation project

09/02/2017. MOVE Systems International, LLC, a company which delivers safe and clean energy solutions to the mobile food industry, has begun a joint venture with ALLCOT Group to develop the first ever carbon credit generation project based in New York City.

The main objective is to replace traditional food carts powered by noisy, pollution spewing gasoline generators with MOVE’s new state of the art food carts powered by an eco-friendly combination of batteries, solar panels and CNG/propane. This switch will generate carbon credits and demonstrates specific actions being taken to fight climate change.

New York City has nearly 8,000 food carts and trucks operating on its streets resulting in an estimated 1.2 million mobile food transactions daily. Traditional food carts are usually equipped with both gas generators for power and portable propane tanks for cooking appliances. The presence of both fuel sources on board this confined space is a potentially dangerous scenario. The City has already experienced food truck and cart fires, including an incident in 2011 that caused a temporary shutdown of the West Side Highway. MOVE’s new food carts, called the MRV100, also include a restaurant-grade kitchen with refrigeration, sinks and water storage reservoirs. These features help address sanitation obstacles often encountered in mobile food vending.

According to Alexis L. Leroy, CEO of ALLCOT, the idea is to register the project within the first quarter of 2017 so when the new food carts are deployed generation will automatically start. “Allcot is delighted to be partnering with MOVE Systems on their sustainability journey. Developing business in US market is a clear strategic objective of ours, so this collaboration is very exciting for us to be involved with”, explains Leroy.

Kevin Kane, Project Manager, MOVE Systems, says: “We are excited to partner with Allcot on this project and add another dimension to our environmentally friendly solutions for modern urban spaces”.

About ALLCOT

ALLCOT is a company specialized in end to end sustainability solutions for individuals and businesses of all sizes. In addition to helping companies engage with their stakeholders and consumers through positive sustainability actions, we develop environmental projects in-house and continue to be one of the leaders in the professional environmental services sector

Infosys Announces Internal Carbon Price

Infosys (NYSE: INFY), a global leader in consulting, technology, outsourcing and next-generation services, today announced its internal carbon price at $10.5 per ton of CO2e, at an event organized by the Carbon Pricing Leadership Coalition (CPLC) in Zurich. A significant milestone for Infosys, the price will be applicable for a period of two years and will represent the cost of decarbonizing 1 ton of CO2e.