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Calls mount for a global carbon price but progress is slow

Posted on 11 November 2016

Adoption of the Paris climate accord could spur more action to limit fossil fuel use. It was one of the most curious moments in the run-up to the UN talks that sealed the landmark Paris climate change agreement last December.
The chief executives of six large European oil companies, including BP and Royal Dutch Shell, declared that they hoped the negotiations would lead to “widespread carbon pricing in all countries”. In other words, they would be happy if it cost more to burn the fossil fuels on which their revenues depend…………………………………..Full Article: Source


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