Revising the Externalities and Ethics of Climate Change 1 Introduction The topic of this chapter is the theoretical plausibility of a second externalized cost of anthropogenic greenhouse gas (GHG) emissions, called the Risk Cost of Carbon (RCC), whereby the first externalized cost is already established as the Social Cost of Carbon (SCC). Chen et al.…
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How Carbon Credits, Carbon Offsets and Taxes are Priced Between talk of carbon credits, carbon offsets, and of course carbon emissions, it can feel like carbon is everywhere. But unless you understand carbon pricing, you’ll never understand how – and why – carbon markets work the way they do. Let’s break down carbon pricing, starting…
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Ken Silverstein Mr. October is on deck. Marciano Dasai, Suriname’s minister of spatial planning and environment, spoke at Climate Week in New York and is pitching 4.8 million carbon offsets to the real heavy hitters — the rich nations responsible for most of the globe’s CO2 emissions. It’s the World Series of carbon finance — a potential…
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By Susanna Twidale and Sarah Mcfarlane LONDON, Sept 1 (Reuters) – Voluntary carbon markets have shrunk for the first time in at least seven years, as companies including food giant Nestle and fashion house Gucci reduced buying and studies found several forest protection projects did not deliver promised emissions savings. Preserving forests is crucial to meeting international goals…
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In the past decade, the phrase “put a price on carbon” has gathered steam around the globe. And carbon pricing has been hailed by scientists, economists, and business leaders as one of the most cost-effective tools to decarbonize economies. But the exact price—typically expressed in terms of value (e.g. dollars or other local currency) per…
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