World needs $160/t carbon price by 2030 to meet 1.5C target -Woodmac

Published 02:29 on March 4, 2021  /  Last updated at 09:07 on March 4, 2021  /  Americas, Asia Pacific, Carbon Taxes, EMEA, International, Voluntary Market  /  No Comments

Global carbon prices need to rise to about $160/tCO2e over the next decade to support the economic transition necessary to limit global warming to 1.5C, according to consultants Woodmac.

Global carbon prices need to rise to about $160/tCO2e over the next decade to support the economic transition necessary to limit global warming to 1.5C, according to consultants Woodmac.

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