State & Trends Report Charts Global Growth of Carbon Pricing

State & Trends Report Charts Global Growth of Carbon Pricing

State & Trends Report Charts Global Growth of Carbon PricingThe share of greenhouse gas emissions covered by domestic carbon pricing initiatives increased significantly over the past year, led by the launch of six carbon markets in China. Today, 39 national and 23 sub-national jurisdictions – responsible for almost a quarter of the global greenhouse gas emissions – have implemented or are scheduled to implement carbon pricing instruments, including emissions trading schemes and taxes, building the momentum for a bottom-up approach to climate action.

The State and Trends of Carbon Pricing 2014 report launched today at the 11th Carbon Expo in Cologne, Germany, shows that while international negotiations may be slow, countries and cities are moving on climate pricing achat le viagra.

A total of eight new carbon markets opened in 2013, and another launched in early 2014. With these additions, the world’s emissions trading schemes are valued at about US$30 billion. China now houses the second largest carbon market in the world, covering the equivalent of 1,115 million tons of carbon dioxide, after the EU ETS, with its 2,039 MtCO2e cap in 2013.

Carbon taxation is also gaining ground. New carbon taxes were introduced in Mexico and France in 2013. In North America, the states of Oregon and Washington are exploring carbon pricing options to join California, Québec, and British Columbia in concerted efforts to tackle climate change.Watch Full Movie Online Streaming Online and Download

Source: World Bank

Alan Lloyd is the founder and Principal Consultant within IAMC. Alan has been working in the field of environmental monitoring and control since 1985 when he began with a London based consultancy involved in the management of asbestos removal projects in London and the South East. In 1989 he moved to Chester and began work for an oil exploration support company called Geochem and help them diversify by using their extensive laboratories facilities to move into the environmental sector.