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Bosses from 78 multinational companies have called on world leaders to sign an “ambitious” deal at the United Nations’ climate change talks (COP21), which are getting underway in Paris.The chief executives – whose companies turn over a combined $2.1 trillion (£1.4tn) – warned that “Delaying action is not an option”.In an open letter to world leaders, they called for “explicit or implicit” carbon pricing, which they believe will “trigger low-carbon investment”.They also urged innovation in altern...
01 12 2015
News article - 1 December 2015
Putting a price on carbon dioxide emissions will raise £14.8 billion in tax for governments around the world this year, according to new figures.The Climate Markets & Investment Association (CMIA) found that around three quarters of the taxes will be raised due to the European Union (EU) Emissions Trading Scheme (ETS) and carbon levies in several European countries.The figure marks a “significant” increase on the £9.6bn raised during 2014, the report said.Carbon taxes have increased in Calif...
25 11 2015
News article - 25 November 2015