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…
Tag: carbon pricing
Reports on the need for policy reform to curb emissions are coming thick and fast. The Lethal Humidity global council of scientists is alerting the world to the fact that the concept of carbon offsetting just doesn’t stack up, quite literally as trees fall down and die, emitting carbon dioxide! Oxfam’s new briefing paper, ‘Carbon…
Golden October!
Members may wonder what has been happening recently and how we are approaching the new government. We have been involved in informing relevant UK stakeholders about the Citizens’ Climate EU conference on ETS2 implementation, organised by CCL UK member and CC EU Chair, James Collis. The EU has realised that the 2030 emissions reductions target…
At the beginning of 2027, the European ETS2, which aims to successively eliminate 40% of EU greenhouse gas emissions through higher fuel prices, will be launched. This July the European Commission already firmly reminded member states (except Austria) to implement ETS2 in national law. At the same time, uncertainties about future prices are high and…
New study on the benefits of a global Basic Income (BI) derived from pricing pollution, aka Climate Income!
A new study published in Cell Reports Sustainability (7/6/24) on the effects of a universal basic income (BI) is based on analysis of 186 countries and is the largest of its kind to date*. It states that providing a BI could boost global gross domestic product (GDP) by US$ 163 trillion while acting to curb…
The cost of climate change just got an update…..
A new working paper (i.e. not yet peer reviewed) has been published by The National Bureau of Economic Research (US).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…
Climate Income – How this powerful climate policy can address the cost of living crisis.
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.…
The Climate Damages Tax proposal.
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…
Canadian economists defend the Canadian Climate Income Policy – it remains the most cost effective way to decarbonise.
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…
CCL UK statement on the Labour green investment pledge.
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…