Border Adjustment Tax

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At the end of July, on the same day that it reported on the Government granting over 100 new North Sea oil and gas licences, Carbon Brief Daily reported on the Financial Times front page article titled..”Britain makes it cheaper to pollute by watering down carbon market scheme”…….“Whitehall recently quietly announced changes to the UK’s…

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Citizens’ Climate International Press release: SEPT. 29, 2023 — Citizens’ Climate International welcomes the introduction of legislation in the U.S. House of Representatives that would place a steadily rising fee on the carbon content of fossil fuels and return revenue from the fee to households.  The Energy Innovation and Carbon Dividend Act, introduced by Rep.…

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The Government’s revised energy stategy has had extensive coverage since its release yesterday. One piece of good news is that the need for Carbon Border Adjustment Mechanism (CBAM) is now back on the agenda. Sadly though, the Government has not taken this opportunity to reconsider the decision to continue to maximise  the exploitation of the…

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National Carbon pricing policies may harm the industries of the countries which impose them if manufacturers decide to relocate to avoid payment, so there is no actual global reduction of emissions. For this reason the principle of Carbon Border Adjustment Mechanisms (CBAM), was developed, whereby importers of products or fuels pay the difference between the…

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On Tuesday 11th January the Centre for Policy Studies produced a report entitled ‘Levelling-Up and Zeroing In’   This report discusses how to create the right business and fiscal environment for levelling up and decarbonising our economy. The regions targeted in the levelling up agenda also happen to be the regions with the highest GHG…

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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…

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I have just read an article in the Bloomberg Green newsletter which discusses carbon pricing. Indonesia has announced that it will impose a carbon tax of about $5 per ton of emissions in order to raise revenue as well as meet climate goals. Whilst this is about a tenth of the current EU ETS carbon…

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11th April 2021

Time to Push BCAs?

BCAs are currently quite a hot topic. The Sun recently reported that UK Secretary of State for International Trade (Liz Truss) will promote them at the G7 meeting in June. BCAs are also a key component of the EU’s “Green New Deal” and may well be introduced by the EU from the start of 2023.…

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1st November 2020

The Zero-Carbon Commission

The Zero Carbon Campaign (ZCC) is about as different from CCL as two organisations, with similar aims and acronyms, can get. Both organisations campaign for carbon pricing and both organisations have concluded that a carbon-dividend is vital to ensure fairness and effectiveness. But CCL is a grass-roots band of citizens whilst ZCC was set up…