A carbon price is the key factor that business, industry and the economy need for a swift and efficient energy transition. But what kind of carbon price do the carbon markets currently create?
This is all hugely overcomplicated. Too many factors affect the price of credits on too many different markets. We need a universal carbon pricing mechanism to generate a robust, strong carbon price signal. EcoCore advocates for carbon accounts – read the manifesto PDF
Sources
Turner G., Grocott H., Maslin M. et al: The Global Voluntary Carbon Market – Dealing with the problem of historic credits Trove Research Report (2020)
Schwartzman S.S., Lubowski R.N., Pacala S.W. et al: Environmental integrity of emissions reductions depends on scale and systemic changes, not sector of origin Environ. Res. Lett. 16 091001 (2021)
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