Economy-wide carbon tax would create 'level playing field' for UK businesses
An economy-wide carbon tax is needed to reduce the cost of decarbonisation and level the playing field for the UK's heavy industry, according to a new report from think-tank Policy Exchange.
'High risk' meat and fish sector failing to combat climate-related business risks
More than half of global meat and fish suppliers have been labelled as "high risk", with new research warning that the sector is failing to manage sustainability issues such as greenhouse gas emissions and antibiotics stewardship.
EU's carbon market update clears final hurdle
The Council of the EU has given the final stamp of approval to an update to the European Union's Emissions Trading System (ETS), which hopes to help the bloc cut emissions by 40% by 2030.
Drop the C: Heineken outlines science-based targets ambition
Brewer Heineken has today (12 February) unveiled a new sustainability strategy that commits to ramping up renewable energy production, piloting an internal carbon price and setting science-based targets across distribution, cooling and packaging.
Parliament rubber-stamps EU carbon market reform
European lawmakers voted in favour of a deal to reform the EU's carbon market after 2020 on Tuesday (6 February), as well as bolstering prices in the bloc's flagship tool for reducing greenhouse gas emissions.
Capacity Market Auction: 'Bizarre' Government policies blocking renewables funding
The provisional results of the latest Capacity Market Auction were released by National Trust today (2 February), leading to the closure on a coal-fired power plant and concerns from the renewables sector that clean technologies are being blocked from finance.
Global companies call on nations to push for 'well-below' 2C Paris target
More than 50 global companies including Unilever, M&S and Adidas have called on nations meeting in Paris to discuss climate progress, to phase-out fossil fuel subsidies by 2025 and create the framework to limit global warming increases to well below 2C.
UK surges into top 10 low-carbon electricity rankings
Britain has for the first time entered the top 10 rankings of a league table which compares large and industrialised countries on the carbon content of power supplies.
Pricing mechanisms needed to secure renewable energy acceleration, report finds
Falling costs in renewable energy technologies has put the UK on course to meet its 2030 renewables development objective, but a higher carbon price market is needed to spur acceleration, a new report from global IT consultancy Capgemini has found.
Carbon price among policy wishlist issued by businesses at COP23
Members of the World Business Council for Sustainable Development (WBCSD), including the chief executives of more than 200 international businesses, have called for governments to collaborate with the private sector to set meaningful carbon prices and improve climate resilience.
Lord Stern: Flexible policy approach will catalyse low-carbon transition
Lord Nicholas Stern has called on governments across the world to implement "predictably flexible" policy frameworks that enable businesses to map investment opportunities during the transition to a low-carbon economy.
UK energy firms call on chancellor to boost carbon tax
Two of Britain's biggest energy companies have called on Philip Hammond to strengthen a carbon tax that has driven a dramatic collapse in coal power generation, arguing it is essential for the shift to cleaner energy.
Higher carbon price needed to phase out UK coal generation by 2025
Following plans with Canada to launch global alliance to encourage nations to phase-out coal use, the UK Government has been informed that a carbon price of £40 per tonne may be required to shut down all remaining coal plants by 2025.
CDP: Huge leap in multinationals adopting internal carbon price
A new CDP report has highlighted an 8-fold increase in the number of large multinational factoring an internal carbon price into business strategies over the past four years.
Carbon tax could wipe out polluters' profits in pursuit of Paris targets
More than $1.5tn (£1.2tn) in company profits worldwide could be erased by taxes required to meet the Paris climate agreement, according to analysis by Schroders.
Energy giants back calls to cut financial support for polluting powerplants
A coalition of thirteen energy industry firms, including Siemens, Shell and Total, have launched a new joint initiative to limit the amount of state aid subsidies that are sent to highly-polluting fossil fuel plants across the European Union (EU).
Power sector urged to adopt world's first investment-grade carbon pricing mechanism
Financial heavyweights including Bank of America, Barclays and Hermes Investment Management have teamed-up to introduce the world's first investment-grade carbon pricing system for the power sector, aimed at aligning company operations with a 2°C pathway.
Coalition calls for worldwide carbon price to avert climate crisis
A group of 200 organisations including national governments and global businesses has echoed calls for an international carbon pricing system to put the world on the path to meet a 2C climate change target.
Leaked paper exposes EU countries' abuse of climate loophole
European Union countries exploited loopholes in United Nations forestry rules to pocket carbon credits worth €600 million and the equivalent of global-warming emissions from 114 million cars.
What would happen if Britain had no carbon price support?
Research from Imperial College London - commissioned by UK power station operator Drax - has found that operating without a carbon price would have increased Britain's carbon emissions by 21%, levels not seen since the 19th Century.
From green bonds to solar roads: France's low-carbon revolution is taking shape
History was made in France a little over a year ago when national delegates from across the world agreed on a landmark climate deal. With the Paris Agreement now ratified, the host nation is introducing a plethora of fresh green legislation aimed at transforming the way it interacts with the environment.
UK coal-powered electricity projected to fall by record amount
The amount of electricity generated from UK coal power stations is on track to fall by two-thirds this year, a decline which analysts said was so steep and fast it was unprecedented globally.
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.
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.
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.
'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.
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.
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.
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.
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.
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.
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: 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.
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.
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 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.
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.
£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.
An early Christmas present for the green economy...
With that historic global climate deal agreed in Paris over the weekend, I was asked to deliver a speech to sustainability professionals on whether or not COP21 would constitute a 'success' for the green economy. Here's what I said...
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.
Is it really possible to make a business plan for zero carbon?
The Carbon Trust's managing director (advisory) Hugh Jones outlines four practical tools that corporates are using to create a sustainable roadmap to 2050.
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.
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.
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.
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.
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.