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

17 hours 9 min ago

(3BL Media/Justmeans) – Small and medium-sized enterprises (SMEs) are a major driver of economic development and job creation, particularly in the developing countries. In comparison to other business sectors, jobs in the clean technology sector are relatively safer, better paid and involve higher skills. Governments as well as private business organizations must turn a strategic focus on the clean-tech sector to realize its full growth potential.

22 hours 39 min ago

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2 days 6 hours ago
The five biggest palm oil growers in the world agreed to not develop palm oil in high carbon stock areas while the High Carbon Stock Study is being conducted. The five growers are Asian Agri, IOI Corporation Berhad, Kuala Lumpur Kepong Berhad, Musim Mas Group and Sime Darby Plantation. They are funding the study with agribusiness groups Cargill and Wilmar International, and the consumer goods company Unilever.

4 days 8 hours ago

(3BL Media/Justmeans) - There was big news in Emmetsburg, Iowa this month—the opening of a major cellulosic ethanol plant. The plant, which is the first commercial-scale cellulosic facility in the US, is a joint venture between Poet and Royal DSM. Code-named Project Liberty, the plant was christened in a ceremony featuring His Majesty Willem-Alexander, King of the Netherlands, along...

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