During the on-line climate meeting the previous 2,5 weeks there was progress, the UNFCCC Executive Secretary said during the press briefing. However, that does not seem the case on the issue of guidance on the use of carbon markets to help increase ambition in the implementation of the Paris Agreement. “Talks on carbon markets and…
Category: CarbonClub
EU CO2 target requires flexibility. Switzerland signs a CO2 deal with Peru. Sweden prepares deals.
The European Commission’s “Impact Assessment”, presented with the climate proposals for 2030, describes various scenarios for achieving the CO2 targets. What is striking is that there is still a gap in the emissions budget. The Commission wants to promote CO2 storage in nature and soils through additional market incentives. That is indeed an important, but…
Making an EU Carbon Border Tax easier with a Carbon Club
My six tips for a European Carbon Border Tax. The President of the new European Commission Ursula von der Leyen has asked Commissioner for Trade Phil Hogan to levy a CO2 tax on imports to the EU: “to contribute to the design and introduction of the Carbon Border Tax, working closely with the Commissioner for…