News

World news Bookmark and Share

13.12.2017 12:21
IETA welcomes Carbon Pricing in the Americas initiative
AUTHOR: publics.bg


  • © European Commission

International emissions trading association (IETA) welcomes the Carbon Pricing in the Americas declaration, announced yesterday at the One Planet Summit in Paris, as a significant step for climate action across North and South America, the organisation said in a statement.
 
The initiative will see carbon pricing placed at the centre of climate policy across the continents and increase cross-border policy harmonisation and cooperation. The collaborative effort is led by the leaders of Canada, Colombia, Chile, Mexico, the Governors of California and Washington, and the Premiers of Alberta, British Columbia, Nova Scotia, Ontario and Québec.
 
"IETA wholeheartedly supports the commitment of governments across the Americas to form a cooperative framework to integrate their carbon markets in the future," says IETA's CEO and President Dirk Forrister. "The rising interest in market-based solutions around the world will help mobilise business to advance the Paris Agreement's goals while preserving competitiveness. IETA congratulates the signatories for their vision and pledges to help the signatories meet the objectives of this important declaration,” he added.
 
All of the participating jurisdictions already have, or are in the process of implementing, a carbon price in their economy. In its 2017 Status Report, the International Carbon Action Partnership estimated that around half of the world's GDP would be subject to an emissions trading system by the end of 2017. These include systems in California, Ontario and Québec.
 
The initiative gained supporting comments from CEOs of IETA member companies and partners with operations in the region.
 
"We expect, in the medium to long run, it could drive efficiency and economic benefits to all countries involved as they seek to reduce carbon dioxide emissions. The creation of a cooperation platform and the expansion of the underpinning carbon markets is exactly the sort of ambitious outcome that Article 6 of the Paris Agreement is seeking," Ben van Beurden, CEO of Royal Dutch Shell plc said.
 
"Putting a price on carbon is clearly the key decision-making signal we need to make the right choices and meet the less-than-2°C Paris Agreement target”, Isabelle Kocher, CEO of ENGIE commented.

TAGS: IETA | International Emissions Trading Association | Americas | climate action | emission trading system | carbon emissions | carbon market | carbon dioxide | collaboration | International Carbon Action Partnership | ICAP | Paris Agreement 


All world news

No published comments
Login to comment


Interview

20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
Full text

Events

No records in this category!

Poll

What kind of transport do you use to get to work?











 



We use cookies to ensure we give you the best browsing experience on our website. Find out more on how we use cookies and how you can change your settings.

Cookies

What are cookies ?

A cookie is a small text file that a website saves on your computer or mobile device when you visit the site. Cookies are widely used in order to make websites work, or work more efficiently, as well as to provide information to the owners of the site.

How do we use cookies?

Website use Google Analytics, a web analytics service provided by Google, Inc. ("Google") to help analyse the use of this website. For this purpose, Google Analytics uses"cookies", which are text files placed on your computer.

The information generated by the cookies about your use of this website - standard internet log information (including your IP address) and visitor behaviour information in an anonymous form - will be transmitted to and stored by Google including on servers in the United States. Google will anonymize the information sent by removing the last octet of your IP address prior to its storage.

According to Google Analytics terms of service, Google will use this information for the purpose of evaluating your use of the website and compiling reports on website activity.

We not use, and not allow any third party to use the statistical analytics tool to track or to collect any personally identifiable information of visitors to this site. Google may transfer the information collected by Google Analytics to third parties where required to do so by law, or where such third parties process the information on Google`s behalf.

According to Google Analytics terms of service, Google will not associate your IP address with any other data held by Google.

You may refuse the use of Google Analytics cookies by downloading and installing Google Analytics Opt-out Browser Add-on. The add-on communicates with the Google Analytics JavaScript (ga.js) to indicate that information about the website visit should not be sent to Google Analytics.

Cookies are also used to record if you have agreed (or not) to our use of cookies on this site, so that you are not asked the question every time you visit the site.

Google Analytics Opt-out Browser Add-on

How to control cookies?

You can control and/or delete cookies as you wish. You can delete all cookies that are already on your computer and you can set most browsers to prevent them from being placed.

All about cookies

Managing cookies in your browser

Most browsers allow you to:
  • see what cookies you have got and delete them on an individual basis
  • block third party cookies
  • block cookies from particular sites
  • block all cookies from being set
  • delete all cookies when you close your browser

If you chose to delete cookies, you should be aware that any preferences will be lost. Also, if you block cookies completely many websites (including ours) will not work properly and webcasts will not work at all. For these reasons, we do not recommend turning cookies off when using our webcasting services.
X
} catch(err) {}