Big Oil companies are not all alike. Royal Dutch Shell is the first one to part ways with a major oil industry trade group over differences on climate change. It's also linking executive pay to goals to reduce the company's carbon footprint.
Putting a price on carbon emissions is widely viewed as an effective tool to reduce emissions. It can also be applied to help those who stand to lose the most from climate change, thus enabling a socially just transition to a low carbon economy.
The widespread Yellow Vests protests, which initially involved hundreds of thousands of protestors in November, are wrongly being interpreted as a movement against carbon taxes and climate action, rather than a revolt against social inequities.
Ten years ago, British Columbia launched North America's first carbon tax. This month, Premier John Horgan unveiled the long awaited climate plan, CleanBC, that aims to reduce greenhouse gas emissions 40 percent below 2007 levels by 2030.
A long awaited report on the future of transportation in the Bay State was released last Friday. Among the recommendations: a phaseout on the sales of gas and diesel powered light duty vehicles and allowing cities to enact cordon congestion pricing.
With the re-election of Gov. Kate Brown and Democrats increasing their majorities in both legislative chambers, Oregon appears poised next year to pass the Clean Energy Jobs bill which caps carbon emissions, but opponents could put it on the ballot.
Carbon pricing proponents in the U.S. saw their second defeat in two years in the same state when Washington voters soundly defeated I-1631, a carbon fee that would fund emission reductions. Unlike I-732 in 2016, environmentalists were unified.
A carbon tax-and-dividend plan goes into effect on January 1 in the four Canadian provinces that don't price carbon emissions. Revenues will be rebated to residents, small businesses, and public institutions as Climate Action Incentive payments.
A dire report on climate change issued by a United Nations panel influenced Washington-based Microsoft to take a position on a controversial state carbon fee, Initiative 1631. Oil companies are fighting back, citing wide exemptions from the fee.
Two days after a Nobel prize was awarded to William Nordhaus for his work on carbon taxes to address climate change, the largest American oil and gas company announced a $1 million contribution to a group promoting a carbon fee and dividend plan.
The Nobel Prize was issued the same day as a landmark report by the IPCC predicting dire consequences if emissions aren't reduced. That's what William D. Nordhaus of Yale University has devoted his career to addressing.
Initiative 1631 takes up where Gov. Jay Inslee's carbon tax legislation ended in March after failing to attract enough supporters. The new initiative differs from I- 732 which was rejected by 59 percent of voters two years ago.
A political action committee representing the energy industry, including fossil fuels, has been formed by two former U.S. senators, a Republican and Democrat, to advance a carbon fee-and-dividend plan on Capitol Hill.
The brother of former Toronto Mayor Rob Ford decisively won the election on June 7 to be the next premier of Ontario, ousting current Premier Kathleen Wynne. His first order of business: end the province's emissions trading program.
Environmental, labor, and community groups in Washington State filed an initiative for placement of a carbon fee on the November ballot. Unlike a similar measure in 2016, revenues would be used to mitigate emissions.