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ArcelorMittal boss calls for EU carbon tariffs to protect industry

Published 01:10 on February 13, 2017  /  Last updated at 11:22 on February 13, 2017  /  Carbon Taxes, EMEA, EU ETS  /  No Comments

Billionaire steel magnate Lakshmi Mittal has joined the chorus calling for the EU to impose carbon border tariffs to protect its industry from foreign competitors that are not subject to similar environmental regulations.

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ECOSYSTEM MARKETPLACE: A price on carbon is neither liberal nor conservative. It’s just practical.

Published 14:52 on February 11, 2017  /  Last updated at 14:52 on February 11, 2017  /  Americas, Carbon Taxes, Conversations, US, Views  /  No Comments

Earlier this week, a group of prominent Republicans called for a nationwide price on carbon to reduce greenhouse-gas emissions and slow climate change. It’s a proposal we should all be talking about, but we know Congress won’t – at least not before 2018. Still, the proposal exists, and it may revive the only debate we should be having now: not if we should have a price on carbon, but how to determine it and what to do with the proceeds. Here’s a primer from Ecosystem Marketplace to help you along.

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US Republican elders push for carbon tax

Published 03:42 on February 8, 2017  /  Last updated at 23:51 on February 8, 2017  /  Americas, Carbon Taxes, US  /  No Comments

A group of former US Republican lawmakers led by ex-cabinet members James Baker and George Shultz is meeting with Trump Administration officials on Wednesday to push a tax-and-dividend scheme on carbon emissions that would also include CO2-based border adjustments on imports from nations without emissions pricing.

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Massachusetts, Rhode Island CO2 pricing bills gaining lawmaker support

Published 17:03 on February 7, 2017  /  Last updated at 17:03 on February 7, 2017  /  Americas, Carbon Taxes, US  /  No Comments

Carbon pricing bills in Massachusetts and Rhode Island are gaining support in the neighbouring states’ legislatures.

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Election in sight, BC’s NDP proposes carbon tax increase, 2030 emissions target

Published 19:15 on February 3, 2017  /  Last updated at 23:19 on February 3, 2017  /  Americas, Canada, Carbon Taxes  /  No Comments

With an election just three months away, British Columbia’s NDP party, the Canadian province’s official opposition, has pledged to slowly increase the provincial carbon tax from 2020 to align with federal requirements and to adopt a new medium-term climate target.

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COMMENT: Why is the EU cement sector resisting a CO2 border measure?

Published 18:28 on January 31, 2017  /  Last updated at 11:14 on February 1, 2017  /  Carbon Taxes, Conversations, EMEA, EU ETS, Views  /  No Comments

Former cement industry executive Bruno Vanderborght questions why EU cement association Cembureau opposes a border carbon adjustment measure for the sector when it was once promoted the idea.

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Second French presidential candidate calls for carbon tariffs on US

Published 18:03 on January 23, 2017  /  Last updated at 18:03 on January 23, 2017  /  Carbon Taxes, Climate Talks, EMEA, EU ETS, International, US  /  No Comments

France should impose a carbon tax on American goods should President Trump pull the US out of the Paris Agreement, a French presidential hopeful and Socialist party leadership finalist said Monday, echoing a similar call made late last year by former French President Nicolas Sarkozy.

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Davos: World needs $50-100 CO2 price, non-elite “ambassadors” to relay that message to a distrusting public

Published 12:28 on January 19, 2017  /  Last updated at 12:33 on January 19, 2017  /  Americas, Canada, Carbon Taxes, Climate Talks, EMEA, EU ETS, International, New Market Mechanisms, US  /  No Comments

A global carbon price of $50-100/tonne is needed to incentivise cleaner investment, but “trust-worthy ambassadors” need to be recruited by governments and companies to convey and explain this message amid rising populist movements and the public’s growing distrust of experts and ‘elites’.

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CDP forms panel to find right CO2 prices to meet Paris Agreement

Published 22:13 on January 16, 2017  /  Last updated at 22:30 on January 16, 2017  /  Americas, Asia Pacific, Carbon Taxes, Climate Talks, EMEA, International, New Market Mechanisms, Switzerland  /  No Comments

Non-profit CDP has formed the world’s first industry-led initiative to define the carbon prices needed for the power generators and other sectors to meet the goals of the Paris Agreement.

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Canada’s Newfoundland and Labrador eyes converting gasoline tax into CO2 levy

Published 15:13 on January 6, 2017  /  Last updated at 16:17 on January 6, 2017  /  Americas, Canada, Carbon Taxes  /  No Comments

Newfoundland and Labrador is considering converting its temporary C$0.165/litre gasoline tax into a carbon levy to help it meet the federal government’s carbon pricing requirements, according to the Canadian province’s environment minister.

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