Thu, Mar 5, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Environmental Trading more

Experts unconvinced latest reforms will save the European carbon market

Posted on 30 January 2014

Policymakers have long asserted that making polluters pay is an effective way to reduce greenhouse gas emissions. But with Europe’s carbon market floundering, the EU is having to rethink how to go about setting a carbon price.
Carbon pricing only works as a climate change policy if the cost of emitting carbon dioxide is high enough to make companies change their behaviour. But the European carbon price has rarely been high enough to make that happen, and has plummeted in recent years. That means polluters have had little incentive to reduce their emissions………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39513 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
S M T W T F S
« Feb    
1234567
891011121314
15161718192021
22232425262728
293031