DEFINITION: A pricing system that encourages polluters to reduce their greenhouse emissions by charging for CO2 emitted into the atmosphere. A carbon price usually comes in the form of a carbon tax, or a cap-and-trade system, which allows companies a limited, and falling, number of emissions permits.
Climate change to shock steel sector profitability, report warns
The global steel sector is facing a vicious cocktail of climate impacts that could see water scarcity, global warming and an increased carbon price place more than 10% of the sector's economic value at risk, according to a new report from CDP.
Ovo Energy boss kick-starts campaign for general carbon charge
Ovo Energy's chief executive and founder Stephen Fitzpatrick has launched a new campaign aimed at bolstering the UK's emissions policies on the road to net-zero.
Official EU petition calls for minimum carbon price
The European Commission has registered an official petition that calls on the EU executive to set up a minimum carbon price, "discourage the consumption of fossil fuels" and keep global warming to below 1.5C.
IPCC chair: Global transition to net-zero 'not a burden' to the economy
The chair of the Intergovernmental Panel on Climate Change (IPCC), Dr Hoesung Lee, has dismissed fears from investors and nations that reaching net-zero emissions will place too much strain on the global economy.
Carbon pricing calls and rubbish-fired plastics plants: The sustainability success stories of the week
As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.
Report: Electricity generation carbon prices to treble by 2050
Carbon prices for electricity generation should more than treble by 2050 and VAT rates on domestic energy use hiked to help drive emissions off the grid, according to a new report.
DSM emissions goals approved by Science Based Targets initiative
Science-based reduction targets for greenhouse gas (GHG) emissions have been put in place by global nutrition, health and sustainable living firm Royal DSM.
How meeting the Paris Agreement will improve global economic growth
A new report has outlined that meeting the 2C target established as part of the Paris Agreement will improve global GDP and boost investment. Here, edie explores how nations can make this vision a reality.
British Airways boss: No 'silver bullets' for aviation to tackle climate change
EXCLUSIVE: The chief executive of the second-largest UK airline has insisted that the company remains "hell-bent" on upscaling innovation to promote sustainability, but also believes that a plethora of collaborative solutions will be needed for the industry to effectively tackle climate change.