Alongside COP26 Climate Action held the Sustainable Innovation Forum 2021 and Hydrogen Transition Summit. These forums revealed that there is the will out there to act but the most proactive companies are being hampered by the lack of ambition and price certainty of the current carbon pricing regimes such as the Emissions Trading Systems (ETS).…
The first week of the COP26 was a roller coaster of major announcements and frustrations around access. The Glasgow Financial Alliance for Net Zero (GFANZ) now includes 450 institutions controlling $130 trillion that will begin to align with science-based net zero targets. This could have a transformational impact on the mobilization of private-sector capital, and also on…
I’ve not written earlier simply because I thought I’d wait until I had something positive to say. Unfortunately, I’m still waiting. To be frank, I’m a bit frustrated. The point of observers at COP is to be the eyes and ears of civil society. However, very few of us can get near the actual negotiations…
I have to apologise for being pressed for time yesterday when writing about the parliamentary debate on the Zero C petition. In my haste I failed to take in the fact that the government had produced a briefing on the petition. The briefing states that….. The Government response to the petition refers to the UK Emissions Trading Scheme (ETS).…
On November 1st the much anticipated debate on the Zero C petition was held in a extremely uncrowded Westminster Hall. Catherine Mckinnell (Newcastle upon Tyne Central, Lab) moved the petition, stating that its aim is to impose a single carbon price across all sectors. …… In its simplest terms, the petition calls for the Government…
The Centre for Policy Studies was set up in the 1970s by supporters of Margaret Thatcher such as Sir Keith Joseph. It has remained highly influential amongst Conservative politicians ever since and many UK government policies have started life as proposals from the CPS. So, when we heard that they were investigating carbon pricing, we…
What a month this is turning out to be! The Austrian coalition government is planning a Carbon fee and dividend tax, the Guardian has reported a large survey by Demos which shows more support than expected for more carbon taxation in the UK and the Royal Society of Arts is supporting a ‘carbon dividend’ as…
According to Associated Press (AP), Austria will introduce Climate Income from July 2022. The initial carbon price will be €30 per tonne of CO2 rising to €55 per tonne in 2025. The dividend will be €100 per person per year with children receiving a half dividend. AP also report that there will be some regional…
It’s only six weeks until COP26 – the postponed 2020 UN conference on climate change in Glasgow. The chips are down to reduce emissions and save our liveable climate. Of course there are all sorts of ways reduce emissions, but cutting out greenhouse gas emissions from burning fossil fuels will do a big chunk of…
About a fortnight ago we reported the success of the Citizen:mk campaign to ask Milton Keynes Council to commend a national policy based on Carbon Fee & Dividend (passed unaminously on July 14th). The CCL member who master minded the campaign, Rob Paton, is also a Member of Milton Keynes Quakers and has succeeded in…
