An important research paper emerged recently from the German Institute for International and Security Affairs (Stiftung Wissenschaft und Politik, SWP), raising the profile of carbon dioxide …
Category: Policy

The future of carbon pricing
At this time of the year I usually review the progress in implementing carbon pricing around the world, but it seems timely to look more …

Article 6: A job to do at COP25
As the Parties and representatives of the many UNFCCC observer organisations gather in Madrid, there is talk of increased mitigation ambition and the need to …

Looking again at carbon pricing
It is Climate Week in New York and among the police barricades at the UN, the protests and traffic there is still the opportunity for …

In the shadow of Apollo
The recent 50th anniversary of the first moon landing brought with it many calls for an “Apollo Project” approach to address climate change. Such an …

What is a ‘mitigation outcome’?
The potential for carbon market development was included in the Paris Agreement, as Article 6, at the very last moment of the negotiations in December …

Additionality and Article 6 of the Paris Agreement
As negotiators gather in Bonn for another round of discussions on implementation of the Paris Agreement, various detailed issues are surfacing. One, which pertains to …
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Meeting the goals of the Paris Agreement
Over the past few months I have been deeply involved with my colleagues in the Shell Scenario team preparing a new scenario that illustrates a …

It’s all in the numbers
One of the noteworthy features of the 160+ nationally determined contributions (NDC) submitted to the UNFCCC following the adoption (and now ratification) of the Paris …

Applying Pigouvian charges
A recent article in the Guardian argues that fossil fuels receive about $5 trillion per year globally of unseen benefits, representing some 6.5% of global GDP. …