Tuesday, May 26, 2015

Climate Change:

Carbon Pricing Is Expanding: Initiatives Now Valued at Nearly $50 Billion (World Bank)


The new Carbon Pricing Watch compiles the latest data on formal carbon pricing initiatives around the world. Several carbon taxes and one of the world's largest emissions trading systems started in the past year and a half, and more are planned in the coming years.

The new and existing systems are also evolving. California and Quebec linked their markets. China has been learning from its seven local carbon markets as it plans for a national emissions trading system.

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