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It is difficult to identify another policy tool that has been either more celebrated or dismissed in recent decades as carbon pricing. Long heralded by advocates as a silver bullet to confront climate change, it has increasingly been panned by critics as a political non-starter that distracts from serious climate mitigation. This paper reviews the last half-decade of global climate policy and carbon pricing experience. It examines significant political challenges to pricing adoption in nations including the United States. However, it also demonstrates that carbon pricing can play an increasingly significant role in supporting decarbonization in such cases as the European Union, the United Kingdom, and Canada, part of an ensemble of policies rather than a solo act. Such cases may expand in coming years through stronger links between pricing and trade policy, continued shifting of pricing revenues toward green investment programs, and extension of pricing to short-lived climate ....
Why Europe Needs Ukraine theatlantic.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theatlantic.com Daily Mail and Mail on Sunday newspapers.
For Africa, Going Green Is Not a Luxury mareeg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mareeg.com Daily Mail and Mail on Sunday newspapers.
A moon shot model for the transformation of capitalism PHOTOGRAPHS BY Jeff Frost A helicopter surveyed the area with a searchlight during the Lake Fire in the San Bernardino National Forest near Big Bear Lake, California, in 2015. Capitalism is facing three major crises. A pandemic-induced health crisis has rapidly ignited an economic crisis with yet unknown consequences for financial stability, and all of this is playing out against the backdrop of a climate crisis that cannot be addressed under the rubric of business as usual. It may be hard to cast your mind back, but in January 2020, the news media were full of frightening images of overwhelmed firefighters in Australia, and flood workers in Venice not overwhelmed health care providers all over the world. Indeed, a 2020 outlook published in ....
February 5, 2021 President Nicolás Maduro seeks to rapidly boost Venezuelan oil production by one million barrels per day (bpd), threatening to ravage the ecologically sensitive Orinoco region. To achieve the increase, he would reverse Chávez’s oil reforms, which extended Venezuelan sovereignty over its natural resources and captured super-profits that would otherwise have flowed to transnational oil companies. Chávez was an outspoken critic of capitalism and global warming, telling the Copenhagen summit on climate change in March 2013 that “climate change is undoubtedly the most devastating environmental problem of this century,” and that “current human activity exceeds the threshold of sustainability, endangering life on the planet.” In the same speech he warned that global inequality remained a major obstacle to achieving a sane and rapid reduction of greenhouse gas emissions, as globally “we are profoundly unequal.” ....