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industrial plant emissions

What Does a Carbon Tax Mean for Manufacturing?

A carbon tax initiative — the first of its kind in the US — will go before Washington state voters next week.

How Major Multi-Nationals Cut Emissions, Save Money by Embedding Carbon Pricing into Business Strategies

How Major Multi-Nationals Cut Emissions, Save Money by Embedding Carbon Pricing into Business Strategies

Global environmental services company Suez uses an internal carbon price to drive investment in low-carbon technologies such as energy-efficient water pumps. Meanwhile IT giant Microsoft used its carbon fee fund to support, among other low-carbon projects. The fee, paid by business units across the company, funds internal efficiency upgrades, power … Read more »

Will RGGI Double Down on Carbon Cuts?

Will RGGI Double Down on Carbon Cuts?

Carbon pricing, the bogeyman of climate-change mitigation, still inspires terror in some US corporate executives and politicians, despite support from global businesses and governments. Opponents argue carbon pricing will cause electricity prices to skyrocket and make businesses less competitive. But when it comes to reducing greenhouse gas emissions, it works … Read more »

Can Free Enterprise Help Manufacturers Reduce Their Carbon Releases?

Can Free Enterprise Help Manufacturers Reduce Their Carbon Releases?

The Regional Greenhouse Gas Initiative says that its participating members have reduced their heat-trapping emissions by at least 40 percent since 2005.

Earth Day Planted Seeds for Action on Climate. Is a Carbon Tax a Good Idea?

During the Earth Day festivities, President Obama once again reiterated the United States’ commitment to reducing carbon emissions. But he went beyond his initial pledges of cutting such emissions by 28 percent by 2025 from 2005 levels and to 80 percent by 2050 from the same baseline. How to achieve … Read more »

How to Manage Carbon Emissions — and Carbon Policy — Across the Value Chain

How to Manage Carbon Emissions — and Carbon Policy — Across the Value Chain

Carbon pricing, in the form of a carbon tax or a cap-and-trade system, is used by businesses and governments all over the world to cut greenhouse gas emissions and, according to proponents, grow the economy. Critics say the opposite is true, but more on that later. Carbon pricing pushes companies … Read more »

industrial plant emissions

Washington State Considers First Carbon Tax in US

Washington state is considering the first carbon tax in the US, which would require energy-intensive manufacturing operations — steel mills and food processers, natural gas power plants, refineries that use fossil fuels, and others — to pay $25 per metric ton of carbon emissions released. Proponents of the bill say … Read more »

container ship

AkzoNobel Issues First Carbon Credits to Ship Owners

AkzoNobel has issued more than 126,000 carbon credits worth more than $500,000 to ship owners under its carbon credits program— the first of its kind within the shipping industry. The program, launched in 2014 and developed in conjunction with the Gold Standard Foundation and the Fremco Group, rewards ship owners … Read more »

BP logo

BP Chief Urges Global Carbon Price

BP chief executive Bob Dudley this week called on governments to adopt carbon pricing mechanisms to address climate change. “Carbon pricing incentivizes all aspects of the transition to a lower carbon economy and around 40 countries already have some pricing mechanism — whether that’s a tax on emissions or a … Read more »

industrial plant emissions

Will New Analysis Raise US Business Support for Carbon Pricing Policy?

As global companies increasingly rally behind putting a price on carbon, new analysis from the World Resources Institute finds a carbon price — either a carbon tax or cap-and-trade program — would reduce emissions even more than the US Energy Information Administration has predicted. In WRI’s new issue brief, Putting … Read more »