Paris, We Have a Problem: World’s Largest Economies Not Getting Policy Mix Right to Avoid Worst of Climate Change, IHS Markit Says
IHS Markit Ltd. Common Shares (INFO)
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Source: Business Wire
Carbon-pricing mechanisms, including carbon taxes and emission trading systems, are falling well short of levels needed to achieve low-emission targets HOUSTON--(BUSINESS WIRE)-- Despite potentially game-changing shifts in energy use and supply patterns during the coming decades, the world may not be able to reach a sufficiently low emissions pathway by 2050 to avoid the worst of climate change because the incentives provided by policies in leading economies are insufficient, according to new climate and carbon analysis from business information provider IHS Markit (Nasdaq: INFO). This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180924005042/en/ Carbon prices in the G20 (through September 2018). Source: IHS Markit “The world’s largest economies have made market-based mechanisms—including carbon pricing, subsidy management, and fiscal incen
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