Carbon prices need 20-fold increase to align with Paris goals -fund manager

Published 12:03 on September 4, 2017  /  Last updated at 21:11 on September 4, 2017  /  Americas, Asia Pacific, Carbon Taxes, Climate Talks, EMEA, International, US, Voluntary Market  /  No Comments

Global carbon prices will have to increase from below $5 a tonne on average currently to well over $100 to incentivise decarbonisation on the scale needed to meet the 2C goal of the 2015 Paris Agreement, according to London-based fund managers Schroders.

Global carbon prices will have to increase from below $5 a tonne on average currently to well over $100 to incentivise decarbonisation on the scale needed to meet the 2C goal of the 2015 Paris Agreement, according to London-based fund managers Schroders.

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