Video - German Climate Scientist Argues the Merits of a Carbon Tax in Australia

German climate change scientist Doctor Malte Meinhausen discusses the value of the Australian Government's carbon tax in 2011. Meinhausen references the European carbon tax and makes the point that Australia's efforts sets the right precedent for the rest of the world to follow. He also addresses some difficult questions about the economic impacts of such a tax.

World Bank President Advocates Putting a Price on Carbon

Many believe that putting a price on carbon is the best way to combat climate change. Now the chorus of those calling for just that has been joined by World Bank President Jim Yong Kim. He recently urged the world’s environmental ministers to implement a five-point plan that includes putting a price on carbon dioxide emissions, improving agricultural practices and ending fossil fuel subsidies.

Kim urged more countries to roll out price mechanisms either through a tax on carbon, indirect taxation, regulation or creation of a carbon market. Kim made the remarks to 30 of the world's environment ministers gathered in Berlin for informal talks on a new global climate deal to take effect in 2020.

Carbon Pricing and Emissions Trading a Global Review

Carbon trading is increasing around the world as levels of atmospheric carbon are about to move past the 400 parts per million threshold. The European Union has been operating the world’s biggest emissions market since 2005. In North America there is the Regional Greenhouse Gas Initiative (RGGI) and the Western Climate Initiative (WCI). According to Thomson Reuters Point Carbon the North America carbon trading market doubled in 2012 with the inauguration of carbon markets in California and Quebec. In 2012, the volume of permits and credits traded was estimated to be 179 million tons, valued at $782 million.

Although six US states (New Mexico, Arizona, Washington, Oregon, Montana and Utah) abandoned the WCI, five Canadian provinces joined California to form the biggest North American carbon trading market by value. In 2012 the WCI distributed 24 million metric tons of allowances in California and Quebec. As well as pursuing participating in the WCI, California has been actively creating its own cap and trade program.

Video - What are the benefits of a carbon price?

A carbon price can reduce carbon pollution and move towards a clean energy future. This animation explains the benefits of a carbon price. For more information, go to www.cleanenergyfuture.gov.au

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World Bank President Advocates Putting a Price on Carbon
Carbon Pricing and Emissions Trading a Global Review
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The Success of RGGI Carbon Trading Shows Cap-and-Trade Works
Video - How does carbon pricing work?
Video - A Price on Carbon in 5 Easy Steps
Video - The Cost of Carbon

Video - How does carbon pricing work?

how a carbon price can reduce carbon pollution and move towards a clean energy future. This animation explains how a carbon price can reduce carbon pollution and move towards a clean energy future. For more information, go to www.cleanenergyfuture.gov.au

Related Posts
World Bank President Advocates Putting a Price on Carbon
Carbon Pricing and Emissions Trading a Global Review
RGGI is Increasing Renewables while Reducing GHGs and Spurring Economic Growth
The Success of RGGI Carbon Trading Shows Cap-and-Trade Works
Video - What are the benefits of a carbon price?
Video - A Price on Carbon in 5 Easy Steps
Video - The Cost of Carbon

Video - A Price on Carbon in 5 Easy Steps

how a carbon price can reduce carbon pollution and move towards a clean energy future. This animation explains how it can be done.

Related Posts
World Bank President Advocates Putting a Price on Carbon
Carbon Pricing and Emissions Trading a Global Review
RGGI is Increasing Renewables while Reducing GHGs and Spurring Economic Growth
The Success of RGGI Carbon Trading Shows Cap-and-Trade Works
Video - What are the benefits of a carbon price?
Video - How does carbon pricing work?
Video - The Cost of Carbon

Video - The Cost of Carbon

Narrated by Reggie Watts. We are all paying the price of carbon pollution. It's time to put a price on carbon and make the polluters stop the carbon destruction. For more information go to http://ClimateRealityProject.org

Related Posts
World Bank President Advocates Putting a Price on Carbon
Carbon Pricing and Emissions Trading a Global Review
RGGI is Increasing Renewables while Reducing GHGs and Spurring Economic Growth
The Success of RGGI Carbon Trading Shows Cap-and-Trade Works
Video - What are the benefits of a carbon price?
Video - How does carbon pricing work?
Video - A Price on Carbon in 5 Easy Steps

RGGI is Increasing Renewables while Reducing GHGs and Spurring Economic Growth

According to a report released on March 26th, the Regional Greenhouse Gas Initiative (RGGI) has spurred the growth of renewable energy, reduced greenhouse gases (GHGs) and helped to grow the economy in the US Northeast. Between 2000 and 2010, the economies of the ten Northeast states grew twice as fast per capita as other states while per capita carbon dioxide emissions declined 25 percent faster.

These are the findings of a report released by Environment America. The report titled "A Double Success: Tackling Global Warming While Growing the Economy with an Improved Regional Greenhouse Gas Initiative," shows that it is possible to increase renewable energy, lower GHGs and grow the economy at all at the same time.

“By promoting clean energy and energy efficiency programs, RGGI helps keep energy dollars in our local economy while reducing the risk of climate change-related costs,” said Pat Stanton, senior vice president for policy and advocacy at the Conservation Services Group (CSG), a large energy services company. “In the last five years, RGGI has helped to spur CSG’s growth. We have added over 450 new employees and improved the efficiency, comfort, and affordability of thousands of New England homes.”

California is Leading the US with a Cap-and-Trade System

California, a leader in efforts to combat climate change, has become the first US state to implement cap-and-trade to regulate greenhouse gas emissions. The system will place a price tag on carbon emissions and allow the state's industries to trade carbon credits. The system will provide financial incentives to companies in order to curb greenhouse-gas emissions. The cap-and-trade program is scheduled to start in 2013 and it aims to slash emissions to 1990 levels by 2020.