All pages with keywords: carbon price

Neglect of duty: Why cutting fuel duty is incompatible with a net-zero UK

Neglect of duty: Why cutting fuel duty is incompatible with a net-zero UK

a commentary by Josh Burke 3 September, 2019

Reports that the British Government will reveal plans to cut fuel duty in this week’s pre-Budget announcement are dismaying just four months after it committed to reaching net-zero greenhouse gas emissions by 2050, says Josh Burke, especially when there is consensus on how to cut emissions from the transport sector. read more »


Why Germany should introduce an ambitious carbon price

a commentary by Simon Dietz, Tobias Kruse, Isabella Neuweg, Lutz Sager 6 June, 2019

Simon Dietz, Tobias Kruse, Isabella Neuweg and Lutz Sager argue that Germany should set out a clear plan for a stronger carbon price as an effective route for reducing greenhouse gas emissions that can also improve the circumstances of lower-income households. read more »


How to price carbon to reach net-zero emissions in the UK

a policy publication by Josh Burke, Rebecca Byrnes, Sam Fankhauser 22 May, 2019

This report explains the importance of pricing carbon as a key component of any strategy to reach net-zero emissions in the UK, setting out how the price may differ sector to sector and how to incentivise negative emissions. read more »


UK Government should create market for greenhouse gas removals and increase carbon prices for businesses to achieve net zero emissions by 2050

Press release 22 May, 2019

To achieve ‘net zero’ greenhouse gas emissions by 2050, the Government should create a market for so-called ‘negative emissions’ that result from the removal of greenhouse gases from the atmosphere, … read more »


How ready is South Africa for a new fuel levy to reduce greenhouse gas emissions?

How ready is South Africa for a new fuel levy to reduce greenhouse gas emissions?

a commentary by Patrick Curran 15 March, 2019

This June, South Africa’s much-delayed carbon tax is due to be implemented, to include a new levy on petrol and diesel. Patrick Curran contests that changing consumer behaviour and reducing emissions will be very difficult without investment in viable transport alternatives – and development of a wider suite of policies to cut emissions. read more »


Changing prices in a changing climate: electoral competitiveness and fossil fuel taxation

Changing prices in a changing climate: electoral competitiveness and fossil fuel taxation

a working paper by Jared J. Finnegan 12 November, 2018

This paper examines the influence of electoral competitiveness on policy decisions over carbon taxes, focusing on fuel duty. read more »


How much will it cost to cut global greenhouse gas emissions?

FAQ

Putting a cost on investing in mitigating climate change Economists continue to model the costs of investment to reduce global greenhouse gas emissions and the different routes these cuts could … read more »


To build or not to build? Capital stocks and climate policy

To build or not to build? Capital stocks and climate policy

a working paper by Elizabeth Baldwin, Yongyang Cai, Karlygash Kuralbayeva 18 January, 2018

To achieve the goals of the Paris Agreement, the use of fossil fuels must peak and then rapidly decline. This research investigates the impact of climate change policy on capital invested in fossil fuel power plants, especially coal – so-called ‘dirty’ assets. read more »


Nicholas Stern

Nicholas Stern warns that current carbon pricing is too weak to achieve goals of the Paris Agreement

Press release 12 December, 2017

Current carbon prices around the world are too weak to meet the goals of the Paris Agreement, and Europe needs to show leadership by driving up pricing levels, Nicholas Stern will warn in a speech at the One Planet Summit today (12 December) in Paris. read more »


Treasury freeze of Carbon Price Support Rate could ‘endanger’ UK 2030 emissions targets – response to Autumn Budget announcement

Press release 22 November, 2017

The decision by the UK Treasury to continue its indefinite freeze of the Carbon Price Support Rate means the price is likely to be too weak to create enough shift from gas-fired power stations to low-carbon sources, such as renewables and nuclear – says Bob Ward, Policy and Communications Director at the Grantham Research Institute on Climate Change. read more »