Putting a price on carbon pollution is seen as one of the most powerful and efficient strategies governments and businesses are using to respond to climate change. That’s the key message in a new Executive Briefing paper, issued today by the carbon Pricing Leadership Coalition, which includes governments, businesses and civil society groups all working together to advance carbon pricing.
The paper explores the impact of carbon pricing on competitiveness. And it says early evidence from advanced economies shows that putting a price on carbon pollution neither curtails industrial growth, nor prompts polluters to move to countries that don’t charge such a price. Read more at worldbank.org