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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 »

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 »

Mars Climate Leadership Award

Microsoft, Mars, Ingersoll Rand on How to Profit from Climate Leadership

The EPA recently announced its climate leadership awards, recognizing companies, organizations and partnerships for managing and reducing greenhouse gas emissions in internal operations and throughout the supply chain, as well as integrating climate resilience into their operating strategies. Three companies — Ingersoll Rand, Mars and Microsoft — took home organizational … 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 »

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 »

industrial plant emissions

Businesses Using Carbon Pricing to Manage Climate Risks

Carbon markets are booming, according to two new reports, and business is playing a key role. Global carbon markets’ total value increased 9 percent to €48.4 billion ($52.6 billion) in 2015, boosted by North American markets, which grew 121 percent in terms of volume and 220 percent in terms of … Read more »

business meeting

COP21 Climate Deal: What’s Next for Business

The world’s 195 countries signed a historic climate agreement this weekend in Paris at COP21. And although the agreement doesn’t bind businesses to making and reporting on emissions cuts, it will require ambitious efforts by private corporations, according to COP21 attendees. “At COP 21 businesses showed they supported an ambitious … Read more »

Paris

COP21: Carbon Pricing, Bill Gates, Businesses Act on Climate Change

As the COP21 climate talks continue in Paris global leaders and organizations are stepping up calls for carbon pricing. The leaders of France, Germany, Canada, Chile, Mexico and Ethiopia, as well as heads of the World Bank, International Monetary Fund and Organization of Economic Cooperation and Development say either taxing … Read more »

Paris

Road to COP21 Climate Talks: US Feds Pledge Emissions Cuts, CEOs Unite on Climate Deal

The COP21 climate talks are less than a week away and we’re seeing a flurry of low-carbon commitments from governments and industry as both groups gear up for Paris. US federal agencies will cut emissions to 41.8 percent below 2008 levels by 2025. The White House made the commitment on … Read more »