World Bank: Carbon pricing covers more than a fifth of global greenhouse gases

Carbon pricing instruments generate around $5bn in revenue, representing a 17% increase from last year, however, the full potential of carbon pricing ‘remains largely untapped’

UK unveils major blueprint to spend £1bn to cut emissions from industry, schools and hospitals

The new Industrial Decarbonisation Strategy sets the vision for the world’s first low carbon industrial sector, slashing emissions by two-thirds in just 15 years

‘More than half of Britons approve of strong and consistent carbon pricing’

Around 57% of the public would also support a policy to increase taxes on polluting businesses, according to a new report

Coronavirus causes Europe’s carbon market to crash

IHS Markit notes the market is currently trading around 40% down since early March

Pricing carbon ‘crucial to getting emissions down’

That’s according to Michael Azlen, Founder and CEO of Carbon Cap, who told ELN the climate crisis is now at a point where ‘every policy lever needs to be pulled’

Carbon pricing after Brexit – what might it mean for UK energy users?

The Department for Business, Energy and Industrial Strategy (BEIS) is planning for the future of carbon pricing in a no-deal Brexit.

Government ‘must not rely on carbon pricing alone to reach net zero’

The Committee on Climate Change says must used as part of a wider suite of policy instruments.

Carbon dioxide emissions
Views sought on future of UK carbon pricing post-Brexit

A joint consultation has been launched by the UK Government and the devolved administrations in Scotland, Wales and Northern Ireland

Head shot of Business and Energy Secretary Greg Clark smiling
Greg Clark: Electricity trilemma is coming to an end

The business and energy secretary believes cheap power ‘is now green power’

G20 ‘spends more on driving climate change than benefits from reducing it’

Only Canada and France generate more income from carbon pricing schemes than they spend on fossil fuel subsidies