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Carbon Pricing: Accounting Isn't Enough

As the World Bank and others ramp up the discussion on carbon pricing, heads are turning towards Paris with thoughts on how the issue will be incorporated into the expected COP21 global climate deal. I have said many times in the past that unless a...

Posted April 20, 2015    

Baselines, Metrics and Business as Usual

The submission of Intended Nationally Determined Contributions (INDCs) to the UNFCCC started in earnest to meet the March 31st agreed date, although many more are still to come. Mexico was the only non-Annex I country (under the Convention) to...

Posted April 14, 2015    

How Should National Contributions be Measured?

The last days of March saw the start of submissions of Intended Nationally Determined Contributions (INDCs) to the UNFCCC. The United States, Switzerland, European Union, Mexico and Russia have all met the requested deadline of the end of Q1 2015....

Posted April 7, 2015    

Getting to Net-Zero Emissions

It is looking increasingly likely, but not a given, that a reference to global net-zero emissions or even a specific goal to achieve net-zero emissions by a certain date (e.g. end of the century) will appear in the climate deal that is expected to...

Posted March 16, 2015    

Business and Carbon Pricing

At the UN Climate Summit last September, the World Bank and others put the carbon pricing – or perhaps more correctly carbon valuation – discussion squarely back on the agenda, first with a Statement on Carbon Pricing signed by over 1000...

Posted March 2, 2015    

Preparing for Paris: Fifty Shades of Grey?

The tension was building throughout the week, but finally just before Valentine’s Day weekend the negotiators in Geneva completed the first draft of a Paris negotiating text and released it at the end of the eighth part of the second session of the...

Posted February 23, 2015    

What Can Really be Done by 2050?

The calls for action are becoming louder and bolder as the weeks continue to countdown towards COP21 in Paris. Perhaps none have been as bold as the recent call by The B Team for governments to commit to a global goal of net-zero greenhouse gas...

Posted February 16, 2015    

Energy Access: The First Fridge in Town

The recent visit by President Obama to India and the resulting discussions on climate change between the President and Indian Prime Minister Narendra Modi have once again thrown the spotlight on India’s development pathway and its energy needs.There...

Posted February 9, 2015    

Talking About Climate Change

From the rarefied atmosphere of the Swiss Alps to a small London theatre, there has been a lot said about climate change over the last couple of weeks.The World Economic Forum held its annual retreat at Davos, with climate change high on the agenda...

Posted January 30, 2015    

Emissions Policy: Ten Years of the EU ETS

This month the EU Emissions Trading System is ten years old – which in itself is quite an achievement as there were those at the start who said it wouldn’t last and any number of people over the years who have claimed that it doesn’t work, is broken...

Posted January 20, 2015    

Climate and Global Energy: The Answer Lies After 2050, Probably Not Before

The global energy system works on timescales of decades rather than years. When considering the changes required in managing the climate issue, the short-to-medium-term takes us to 2050 and the long term is 2100! As such, drawing long-term...

Posted January 15, 2015    

Carbon Pricing in 2014

While there was a great deal of focus throughout 2014 on the road to Paris and the UNFCCC process that is taking us all there, the real developments of the year were around carbon pricing. But it wasn’t all smooth sailing.From my own perspective,...

Posted January 8, 2015