Last week we reported on the CC EU conference on the implications of the forthcoming EU ETS2 policy, putting forward the benefits of a Climate Income scheme as adopted by Austria. On Friday the Guardian reported how Brexit has put £370m a year on price of power from EU since 2021 when a stand alone…
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…
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…
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.…
The G7 is considering beginning negotiations on a Carbon Border Adjustment Mechanism (CBAM) at its meeting in June. Liz Truss had appeared keen on promoting CBAM at the G7 last year but the idea seemed to have been put on the back burner and the Board of Trade Report in July , (21/7/21) promoted a…
