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Chile and South Africa are mooted to add carbon prices, but it is the potential inclusion on China that would see carbon pricing account for at least 20% of global emissions next year

Quarter of global emissions could be covered by a carbon price in 2017, says World Bank

If policymakers can embed a carbon price within "complimentary" green legislation, then climate change mitigation costs could fall by almost a third by 2030, a new report from the World Bank has found.

Democratic candidate Clinton repeated her desire to turn the US into a “21st century renewable energy superpower”, while Trump claimed the US needed to look beyond renewables

Coal would last 'a thousand years' in Trump's US

With polling day just one month away, presidential candidates Donald Trump and Hillary Clinton offered two very different glimpses into the future of US energy policy.

Joining the CPLC is the latest of the London-based firm’s global climate change mitigation drives - which also saw company lawyers play a “key role” in the COP21 process.

Baker & McKenzie becomes first law firm to join carbon price coalition

Multinational law firm Baker & McKenzie has become the first legal industry representatives to join the World Bank's Carbon Pricing Leadership Coalition (CPLC) in a commitment to help clients "respond innovatively to the risks - and opportunities" of an economically regulated low carbon future.

The CPS is calling on the Government to scrap the UK’s internal carbon tax to increase competitiveness and prolong the lifetime of coal plants

'Project blackout fear': Green economy scolds think tank research into Britain's energy mix

A new report questioning the economic value of renewable energy and phase out of coal-fired power plants has faced retaliation from green organisations for undermining the role of renewable generation in the UK's future energy mix.

With United Nations heavyweights calling for the Paris Agreement to be delivered by the end of 2016, countries need to start practicing what they preach

From the US to the Marshall Islands: Global climate action is on the march

COP21's frantic, last-minute climate deal bookmarked a new era for global sustainability, and as Intended Nationally Determined Contributions (INDCs) evolve into tangible action, edie looks at six recent instances where national action is speaking louder than words.

According to CDP, the number of large companies that use an internal carbon price will pass the 1,000 mark within the next year, with 437 companies already operating with one as of 2015

From Exxon to Jack Black: The call for a global carbon price is gathering pace

As the Paris Agreement nears its crucial ratification stage, individuals, organisations and entire nations are beginning to ease away from fossil fuels in their energy consumption habits. Now, with COP22 in Marrakech just around the corner, the call for a carbon price is becoming hard to ignore.

With investors playing a big role in reducing corporate emissions, Felipe Calderón believes now is the time for the implementation of a universal carbon price

Felipe Calderón: Universal carbon pricing and green bonds needed to entice investors

Former President of Mexico and chair of the Global Commission on the Economy and Climate Felipe Calderón has called for a universal carbon pricing mechanism to promote private investment in low-carbon technologies and "get the job done" following the Paris Agreement.

COP21 President Ségolène Royal urged European Countries to follow the example set by her home nation of France in not only ratifying the Paris Agreement but also adopting a national carbon price

UN heavyweights call for Paris ratification by end of year

UN Secretary-General Ban Ki-moon, UNFCCC Executive Secretary Christiana Figueres and COP21 President Ségolène Royal have all called on the world's governments to "turn aspirations into urgent implementation" by ratifying the Paris Agreement ahead of the COP22 climate talks at the end of the year.

The 12 cement companies – collectively worth $120bn – have been warned that “significant innovation” is necessary in order to drive efficiency beyond current standards

Aggressive innovation needed as tipping point looms for cement industry

Global cement companies have been urged to innovate as a means to "future-proof" the sector, after a new report from climate change research provider CDP warned that the majority of emission reduction targets in the industry look set to expire.

The UK and the EU must build on the “leap forward” it established in Paris last year, to allow companies to embrace more creative ways of sustainable thinking

Policies should push companies beyond compliance, says new Corporate Leaders Group director

EXCLUSIVE: Policymakers should foster the creative thinking shown by the private sector in order to "unleash new business models and new motivations" that will act as catalysts to allow business to evolve beyond compliance mindsets.

Sir David King gave a keynote speech at the launch of the UK Stakeholders For Sustainable Development (UKSSD) network

Sir David King: UK should shift renewable energy subsidy focus to offshore wind

The Department of Energy & Climate Change (DECC) should concentrate its limited renewable energy subsidy budget on offshore wind, in an effort to drive down costs and increase investor demand, the UK's chief climate envoy has told edie.

The reformed Emissions Trading System would allow sectors, such as the maritime and steel industries, to adopt a carbon pricing set at international level

EU ETS in need of 'ambitious' revamp, MEPs warn

The European Union (EU) has been urged to revamp its Emission Trading System (ETS) to allow for free allowances to be given to the industries that need them most, even though it was revealed that struggling Tata Steel has received £700m from the ETS since 2008.

The UK's carbon price floor rose from ?9.54 to ?18.08 in 2015 - a far cry from the European value of ?4 per tonne of carbon

Scrapping carbon price floor would 'level the playing field', manufacturers claim

EXCLUSIVE: Clearer policy amendments, including the scrapping of the carbon price floor, would prove instrumental in securing the long-term stability of Britain's energy-intensive companies, the manufacturer's organisation EEF has claimed.

Ban Ki-moon stated that the investor community is of critical importance to the success of the Paris climate deal

Ban Ki-moon calls for doubling of clean energy investment

UN Secretary-General Ban Ki-moon has called for global investment into clean energy to be doubled by 2020 in order to keep global temperature increases below 2C as set out in Paris.

UN Climate Chief Christiana Figueres pointed out that all companies had to act now to get into the

Christiana Figueres: The hard work starts NOW for sustainable business

One month on from the successful Paris climate summit, UN Climate Chief Christiana Figueres says businesses must now act as the catalyst in a "virtuous and self-reinforcing" transition to a low-carbon global economy.

The researchers claimed a carbon tax would provide incentives to increase energy efficiency and resource productivity

£20-a-tonne carbon tax would increase UK consumer prices by less than 1%

A modest tax of £20 per tonne of carbon emissions across the UK economy would have 'little impact' on consumer prices, a new study from London School of Economics has found.

The corporations claim that the Paris climate deal now requires wholescale revisions of EU policy, to drive investment in the low-carbon economy

Adidas, Puma, Aldi, Commerzbank demand EU policy overhaul after COP21

Adidas, Puma, Aldi, and Commerzbank are among more than 30 German business giants demanding an overhaul of EU climate and energy policy after Saturday's landmark deal to limit global warming at COP21.

Innovator tells Sorbonne students that failing to price in damage done by carbon pollution is a $5.3tn a year subsidy for the fossil fuel industry

Elon Musk says robust carbon tax would speed global clean energy transition

Elon Musk, the renowned innovator, believes the widespread introduction of a carbon price could halve the time it takes the world to transition to clean energy and make a huge difference to the impact of climate change.

The authors of the paper argue that an energy tax would likely result in low-carbon energy becoming more expensive

New energy tax would 'hinder UK's climate targets'

The UK Treasury has been warned that the UK could fall short of climate change targets if taxes continue to based on energy consumption rather than GHG emissions.

Is the profit-over-planet business model dead?

EXCLUSIVE: The business model of the 20th century that considers the services rendered by nature to be free, available and infinite is dying.

The EU's Emissions Trading System is the world's biggest scheme for trading emissions allowances

Battle lines forming as EU holds first debate on ETS reform

France, the UK, the Czech Republic and Slovakia are backing a more targeted approach for heavy industries, at risk of closing down or relocating abroad, due to increased pressure to reduce global warming emissions.

The United Nations flag flies above the German city of Bonn, where the final round of preliminary climate negotiations came to a close

Bonn talks: carbon price progress, climate finance failure

Business leaders have welcomed the recognition of carbon pricing within the latest draft text of the climate agreement, but concerns remain over the lack of progress on climate finance from richer nations.

The White House announced on Monday that 68 new companies had signed up to the American Business Act on Climate Pledge

81 global companies join Obama in climate pledge

Nike, McDonalds, Sony and Dell are among 81 corporations that have signed up to a new White House-sponsored pledge promising individual and collective action on climate change.

A carbon pricing system already covers 12% of global emissions

Global carbon price urgently needed, says New Climate Economy

Carbon pricing can significantly reduce emissions without harming the global economy, a new report from the influential New Climate Economy (NCE) think-tank has asserted.

Mars global sustainability director Kevin Rabinovitch said the company was

Mars investigating internal carbon price

EXCLUSIVE: Global food giant Mars is considering adopting an internal price on carbon to help it prepare for future low-carbon policies.

Statoil's Mongstad oil refinery in western Norway. Photo: Øyvind Hagen, Statoil

Statoil: Carbon price should be Paris priority

EXCLUSIVE: An international price on carbon is the most efficient way of driving investment into low-carbon technologies and should be a policy priority at the Paris climate change conference in December.

What I want from Paris: 21 climate leaders on COP21 - Part one

EXCLUSIVE: In the first of a two-part feature, edie brings you the voices of sustainability professionals, politicians, businessmen and environmental activists on what they want to see from the Paris climate talks.

MEPs voted in favour of reforming the Emissions Trading Scheme early to remove carbon allowances

European Parliament votes for early carbon market reform

The European Parliament has endorsed plans to reform the Emissions Trading Scheme (ETS), it was announced yesterday (8 July).

The US already has 13 CCS installations in operation and six under construction, but there are no commercial scale CCS installations operating in the EU

Grantham Institute: Extend green subsidies to carbon capture

The UK and other EU countries should extend green subsidies, such as the Contracts for Difference scheme, to carbon capture and storage (CCS) technology, an influential think-tank has claimed.

Lord Stern was the author of the seminal 2006 Stern review on the economics of climate change

Businesses must lead by example on climate change, says Lord Stern

Business leaders, cities and young people should be placing more pressure on world leaders to create "political tipping points" for action on climate change, according to economist and academic Lord Nicholas Stern.

The six European oil companies told the UN they wanted to be part of the solution for climate change

Oil and gas giants ask UN for global carbon price

Six of Europe's largest oil and gas companies have written to the UN asking for the establishment of an international carbon price.

World Energy Council has called for new and ambitious thinking to meet emissions targets and energy security requirements

Energy industry calls for new emissions targets to aid low-carbon growth

World governments must sign a clear new agreement on greenhouse gas emissions at a crunch conference in Paris this December, leaders of the world's energy industry have urged.

Approximately two billion backloaded and unallocated allowances will be put into the MSR before they flood the market at the end of the decade.

EU to clamp down on 'glut' of carbon permits in the ETS

EU lawmakers have agreed to fastrack a reform to the EU emissions trading scheme (ETS), to deal with the surplus of allowances in the system.

Svanberg said in his opening address that BP was

BP backs climate change transparency at AGM

An overwhelming majority of BP shareholders have backed a resolution forcing the company to be more transparent about its impact on climate change.

A sustainable economy could provide 20 million jobs 2020, says WWF

WWF releases five-step plan for 'truly sustainable' EU economy

Environmental group WWF has called on the EU to stop spending money trying to rejuvenate the current economy and instead reap the financial benefits of switching to a sustainable system.

Tim Yeo is chairman of the Commons energy and climate change committee

Tim Yeo: Paris climate talks must allow emissions trading system to be linked

The chairman of Parliament's Energy and Climate Change Committee says a new global climate deal due to be agreed at the COP21 Paris meeting must allow for carbon trading between countries.

The EU-ETS covers 11,000 factories and power stations across Europe

EU must limit carbon permits, says Corporate Leaders Group

The European Union Emissions Trading Scheme (EU-ETS) must be reformed to include a Market Stability Reserve (MSR) by 2017 at the latest, to keep the continent on track for developing a low-carbon economy.

Former energy secretary Chris Huhne says that AD is a dispatchable source of renewable energy

AD will help keep the UK's lights on, says Huhne

Anaerobic digestion (AD) will help the UK to keep its lights on and provide energy security because it has the ability to supply power that can be easily switched on and off, according to former energy secretary Chris Huhne.

Loy Yang Power Station in south eastern Victoria - Australia's largest power plant

Australia named worst-performing industrial country on climate change

Performance index released at Lima climate talks puts Denmark in the best-performing slot, followed by Sweden and Britain.

Ed Davey says EU's 2030 pact on reducing carbon emissions by 40% could pave way for a binding global climate deal in Paris in 2015

2030 pact UK's most significant environmental deal ever - Ed Davey

A minimum 40% plunge in Europe's CO2 emissions by 2030 agreed by EU leaders last week was a "historic moment" on the road to a global climate deal, enabled by a new British relationship with Poland, the energy minister Ed Davey has told the Guardian.

Major corporations are outpacing governments on carbon pricing

Big business leads the way on carbon pricing

Major corporations are outpacing governments by preparing for a financial future with carbon pricing.

George Osborne announced a £7bn package to cut energy bills in today's Budget

Budget 2014: Osborne caps carbon tax as part of his 'Budget for a resilient economy'

The Chancellor George Osborne has confirmed a cap on the Carbon Price Floor at £18 per ton of CO2 from 2016-2017 to the end of the decade.

The Chancellor George Osborne will deliver his Budget speech today with some predicting a freeze on the Carbon Price Floor

Budget 2014: U-turn on Carbon Price Floor will 'muddy an already confused landscape'

The future of the Carbon Price Floor has come under the spotlight this week, with concerns that the Chancellor George Osborne may freeze the policy in today's Budget.

Chancellor George Osborne will deliver the Budget speech on March 19

Manufacturers call on Osborne to boost energy efficiency

Four major industry associations have called on the Chancellor George Osborne to both address rising energy costs and support investments in industrial energy efficiency measures.

The CDP states that

CDP: Carbon pricing now standard operating practice in business planning

Google, Walt Disney Company, Walmart and Microsoft are amongst a group of major US companies incorporating 'internal carbon prices' into their business strategies.

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