Carbon Tax

Access and Benefit Sharing: New rules for use of biodiversity

The National Biodiversity Authority has released a new set of rules to manage sharing of benefits generated through the use of biological resources. The Biological Diversity (Access to biological Resources and Knowledge Associated thereto and Fair and Equitable Sharing of Benefits) Regulation 2025 was approved by the Central government and …

EU eyes ships and aircraft for climate deal

The aviation and shipping sectors would be included in global carbon-cutting measures for the first time under a European Union proposal to be tabled at December

Climate finance: regulatory and funding strategies for climate change and global development

Preventing risks of severe damage from climate change not only requires deep cuts in developed country greenhouse gas emissions, but enormous amounts of public and private investment to limit emissions while promoting green growth in developing countries. While attention has focused on emissions limitations commitments and architectures, the crucial issue …

EU, US discuss green goods tax agreement

Pact To Include OECD Countries, China Reuters NEW YORK THE European Union and the United States are holding talks on forging a pact with OECD countries and China to eliminate duties on green goods as part of incentives to Beijing in a potential global climate deal. EU diplomats said that …

Trade measures in climate change policies: compatibility with WTO and UNFCCC

This monograph takes a critical look at the US Clean Energy and Security Act 2009, known as the Waxman Markey Climate Change Bill that sets forth

UN climate talks could fail (Editorial)

EUROPEAN ministers warned that December's landmark UN climate talks could fail, as the EU Commission urged rich nations to stump up tens of billions of euros to help the developing world combat global warming. "The Copenhagen deal is hanging in the balance," British Foreign Secretary David Miliband told reporters. "It's …

Shippers Back Cap And Trade Scheme To Cut CO2

A global trading scheme is the most effective means of cutting carbon emissions in the shipping sector, five shipping industry associations said in a study on Wednesday. Shipping and aviation are the only industry sectors not regulated under the Kyoto Protocol, which sets targets for greenhouse gas emissions by rich …

Ecuador Would Protect Oil-Rich Rainforest For Cash

Ecuador, a member of OPEC, is willing to preserve a tropical forest with reserves of 900 million barrels of oil if rich countries pay it about $360 million a year to keep the petroleum in the ground. Under the proposal, the international community would pay Ecuador an annual fee equal …

Q+A: How Will Japan's New Govt Tackle Climate Change?

Japan's new prime minister, Yukio Hatoyama, has pledged to target a 25 percent cut in greenhouse gas emissions from 1990 levels by 2020, despite opposition from industry, which says the goal will hurt the economy. The target, more ambitious than the previous government's, is premised on a deal on goals …

Slow progress at climate meet

UNFCCC warns of delays the latest round of consultations on climate change held in the German city Bonn between August 10 and 14 ended in disappointment. The 199-page negotiating text with more than 2,500 brackets was the only highlight of the meet. The lack of progress has raised concerns that …

Sarkozy calls for carbon tax on imports

Nicolas Sarkozy, the French president, renewed his call for a European carbon tax on imports to the bloc on Thursday as he unveiled details of a new charge on fossil fuel products in France. Nicolas Sarkozy tours a factory in eastern France: he told workers his proposal was

More in Europe Look to Carbon Tax to Curb Emissions

Economists have long seen a carbon tax as a good idea because of its simplicity: Polluters pay at a level that is set by decree. But the idea never caught on widely in the United States or Europe, where governments jealously guard their autonomy on taxes. Industries lobbied for a …

Sarko defies public outcry, levies CO tax to fight warming

Culoz: French president Nicolas Sarkozy on Thursday unveiled a new carbon tax to help combat global warming, calling it a

Maldives plans $3 green tax on tourists

The president of the Maldives said on Monday he plans a $3-a-day green tax for all tourists at its popular island resorts to help pay for the country

G-20 corners India on emissions

Ignores Submissions, Wants New Delhi To Impose Carbon Taxation New Delhi: The G-20 finance ministers

France Sees Initial Carbon Tax At 14 Euros Per Tonne

France plans to set a proposed carbon tax at 14 euros ($19.9) per tonne of carbon dioxide starting from next year, Prime Minister Francois Fillon said in an interview to be published by Figaro magazine. A special advisory panel, headed by former Socialist Prime Minister Michel Rocard, had recommended billing …

The costs of climate policies in a second best world with labour market imperfections

This article explores the critical role of labour market imperfections in climate stabilisation costs formation. It shows that the degree of rigidity of the labour markets is a central parameter and we conduct a systematic sensitivity analysis of the model results to this parameter. When labour markets are represented as …

Trade and development report 2009

The Trade and Development Report 2009 presents a gloomy global economic outlook in the context of the ongoing global financial and economic crisis. It looks at the channels through which this deep crisis, which originated in developed countries, is spreading to developing and transition economies: through financial flows, international trade …

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