Carbon Pricing

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A new working paper (i.e. not yet peer reviewed) has been published by The National Bureau of Economic Research (US). Titled “The Macroeconomic Impact of Climate Change: Global vs. Local Temperature”, the paper claims that the macroeconomic damages from climate change have been seriously underestimated and are six times worse than thought. It has been…

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The next UK government must address the cost of living crisis. It’s also clear from public data that the climate crisis is an ongoing concern for 75%. Now there is the opportunity to kill multiple birds with one stone. The latest developments in the EU Green Deal are contributing to international momentum on the subject of carbon pricing.…

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A new Climate Damages Tax report has been published by Stamp out Poverty. The first was published in 2018 before the Loss and Damage Fund was agreed at COP28 which was kick-started by the UAE’s $100 million pledge. By 2 December 2023, a cumulative total of $655.9 million had been pledged to the Loss and…

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CCL Canada activists are currently having to campaign hard against the claims of opposition supporters that carbon pricing is hurting citizens, even though the rebate more than covers the rising costs for most income groups. Here’s the CCL Canada Press Release and a statement from Canadian Economists which supports the continuation of the Greenhouse Gas…

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Politics in the real world is hard. As an international organisation working to influence politicians and policy makers across the globe Citizens’ Climate Lobby understand the pressures, even in countries where Climate Income is established like Canada and Switzerland. It is not our place to discuss and speculate on the decision of Labour to drop…

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Green Party MP Caroline Lucas has written an article in Business Green (paywall), (summary in Carbon Brief) about the pointlessness of the Offshore Petroleum Licensing Bill. She points out that annual licensing rounds can and already do happen, so no new legislation is needed; it is just “a political stunt that will harm the UK’s…

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Happy New Year – for inspiration and encouragement for the new year look no further than this extract from the CCI review of 2023 (actions where CCL UK was involved in bold). As we look back on 2023, the hottest year in recorded history, we see the undeniable impact of climate change being felt by…

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Ben Ansell’s final Reith Lecture on ‘Our Democratic Future’, called for a truly democratic responses to the problem of climate change and emphasised the need for a  fair, redistributive carbon tax. (Extract below, note that Ben Ansell is citing the earliest examples of CI implementation which have been more widely analysed in the academic literature).…

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This is an extract from the slideshow delivered by Cathy Orlando, CCI program director on the 20th December 2023 giving the CCI analysis of the outcome of COP28. The worst case scenario – that fossil fuels would get a free pass and the pledge to work to keep temperature rises within 1.5 Celsius would be…

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Announcement from the Treasury and Rt Hon Jeremy Hunt MP……. The UK is to implement a new import carbon pricing mechanism by 2027 to support the decarbonisation drive. (The EU is introducing its CBAM in 2026). imports of iron, steel, aluminium, ceramics and cement from overseas will face a comparable carbon price to those goods…