Escalating environmental degradation and the risk of climate change are attracting growing attention from both policy makers and the public. For Asian countries, decades of remarkable economic growth have had mixed results in terms of environmental implications.

EU Member States are spending billions of Euros less on climate action through the Emissions Trading System (ETS) than they could, WWF analysis reveals.

Airlines, oil companies, and individuals are using voluntary carbon markets to achieve net reductions in greenhouse gas emissions at levels not seen in seven years, according to Financing Emissions Reductions for the Future: State of the Voluntary Carbon Markets 2019, which was published by Forest Trends’ Ecosystem Marketplace initiative at year

Carbon markets are dealt with under Article 6 of the Paris Agreement. Two important parts of Article 6 are: o Article 6.2—Internationally Transferred Mitigation Outcomes o Article 6.4—Sustainable Development Mechanism.

To deflate the carbon bubble and protect investors, oil & gas companies must shrink. The world’s listed oil and gas majors must cut combined production by more than a third by 2040 to keep emissions within international climate targets and protect shareholder value.

The European Union (EU) Emissions Trading System (ETS) governs about 40 % of total EU greenhouse gas emissions. It sets a cap on emissions from industrial activities (e.g. power and heat production, cement production, iron and steel production and oil refining), as well as aviation.

A growing number of countries have started to set longer-term climate targets and develop decarbonisation strategies in addition to their shorter-term commitments under the Paris Agreement.

The potentially adverse impact of carbon pricing on the competitiveness of businesses and economies has been a matter of concern to industry and policymakers. It has also been a barrier to progress on carbon pricing.

Air pollution affects us all to some degree. Whether live in highly polluted cities or the countryside, there is no escaping the impact dirty air has on our bodies and—as is now becoming apparent—our minds. Seven million people die every year from breathing unclean air.

To achieve the Paris Agreement goals and limit global temperature rise this century to 1.5°C, the global economy must be rapidly transformed. A carbon price is needed to incorporate climate change costs into economic decision-making to significantly reduce U.S. greenhouse gas emissions, particularly in the electricity sector.