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China first carbon market kicks off in Shenzhen

The city of Shenzhen became yesterday the first region in China to introduce a mandatory emissions trading scheme (ETS).”It is a clear indication that they are serious about reducing emissions and bringing down pollution levels.” The new markets are set

IMF Report on Fiscal Policy to Mitigate Climate Change

IMF helps make carbon pricing the new normal. Europe does it. Australia does it. Even northeastern-situated states do it. Everyone’s doing it. Let’s do it. Let’s tax carbon. For me, that is an important message in IMF Managing Director Christine

Australia Sets Carbon-Pricing Regime

Australia plans to close some of the country’s biggest polluters and has pledged billions of dollars for renewable-energy projects as the government seeks to roll out one of the worlds largest national carbon-pricing plans. Australia is one of the world’s

COMMODITIES: U.S. Carbon Trading Centers on California –

California will become the next test site for emissions trading in the U.S. as exchanges line up new climate-related markets in the state, following the shelving of a national cap-and-trade plan to cut greenhouse gases. Three exchange groups are preparing