World needs much higher carbon prices to meet 2C target, say renowned economists

Published 14:03 on May 29, 2017  /  Last updated at 15:03 on May 29, 2017  /  Africa, Americas, Asia Pacific, Canada, Carbon Taxes, China, EMEA, EU ETS, International, South Korea, US  /  No Comments

The world needs carbon prices of at least around $40-80/tonne in 2020 and $50-100 in 2030 to keep global temperatures from rising above 2 degrees C, according to a report led by two renowned economists and backed by the World Bank's Carbon Pricing Leadership Coalition (CPLC).

The world needs carbon prices of at least around $40-80/tonne in 2020 and $50-100 in 2030 to keep global temperatures from rising above 2 degrees C, according to a report led by two renowned economists and backed by the World Bank’s Carbon Pricing Leadership Coalition (CPLC).

A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.

Comment