Draft policy document pushes for corporate cuts in emissions rather than using multimillion-dollar carbon trading market
John Podesta signals shift in policy targeting goods from ‘dirtier’ countries
Biden climate adviser John Podesta sits down with Moral Money to explain the administration’s shift in thinking
Motorists set to pay an extra 50 cents a litre from 2031, estimates show
But loggers and ‘carbon cowboys’ offer quicker returns to locals
The prize is huge if we can agree on standards and get this right
Party ‘looking very closely’ at options after Brexit leaves UK industries vulnerable to dumping
Move driven by expectations of a newly elected Labour government adopting stricter approach to big polluters
US Treasury secretary calls on business to prioritise emissions cuts as voluntary markets draw fire
Also in today’s newsletter, four takeaways on the global state of carbon pricing
Subsidy scheme in Alberta allowed oil major’s plant to register carbon credits equivalent to twice the volume of CO₂ captured
With long-haul flights exempt from charges and carriers given free allowances, large share of flights not covered by system
Also in today’s newsletter, a new AI application focused on assessing climate risks
With the pandemic boom over, consumer medical start-ups now face fickle customers and a crowded market place
The EU’s carbon tariffs to combat climate change are snarled in complex bureaucracy
Also in today’s newsletter, the World Bank’s new plan to de-risk private sector investment
The emissions trading system is too clunky to deliver the required impetus to decarbonisation
Analysts fear inexpensive cost of polluting will deter investment in renewable energy
A crucial year for supply chain disclosures and carbon pricing schemes, while anti-ESG backlash evolves
Activists worry that a carve-out for agriculture will limit the scheme’s environmental value
Industry criticises ministers for implementing scheme on a slower timetable than EU
EU futures contracts drop below €66 per tonne in London after traders left unconvinced by wording of agreement
Dispute centred on measures Brussels saw as watering down UN’s proposed standards for trading system
Ministers waffling at COP summits would do better to create a cross-border trading scheme to provide those magic numbers
A more rigorous market would be a boon for developing countries — and the climate
