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FROM THE EDITOR

Carbon Pricing: More Good News

Some good news: 74 countries and over 1,000 businesses and investors have signed on to a major new declaration published by the World Bank calling for a global price on carbon. The declaration asks countries to enact laws that would compel industries to pay for carbon emissions. The likes of Shell, Dow Chemical, and Coca-Cola have signed. So has China. It’s nonbinding, a kind of temperature-taking before the 2015 climate summit in Paris, but the U.S. is still a non-signer, due to strong political opposition to any national legislation on carbon issues. More good news: California and nine Northeastern states now have cap and trade programs. Seven states signed on to the World Bank declaration. Time for another grass roots, state-level progressive movement (c.f. same-sex marriage, marijuana decriminalization) to make positive change.

John Howell, Editorial Director

News & Blogs

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