The public finance tools that marry economy and environment

16 October 2017 - For years, China has been using subsidies and taxation to build its solar power equipment industries – and as a result, it dominates world markets. Now other countries are using fiscal tools to align economic growth with environmental sustainability....
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Diesel subsidised by €21bn a year in Europe

28 September 2017 - EU institutions and 11 member states handed out at least €112bn ($131bn) a year to support coal, oil and gas between 2014 and 2016, according to a report by the Overseas Development Institute (ODI) and Climate Action Network (CAN) Europe. Nearly...
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Québec, Ontario and California join forces to fight climate change

22 September 2017 - Québec, Ontario and California reached an agreement integrating and harmonizing emissions cap programs. By signing this agreement, Ontario will now formally enter the Québec-California carbon market, effective 1 January 2018. This will allow all...
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Yale launches carbon charge for campus buildings and departments

12 September 2017 - Yale University has implemented a carbon charge that affects more than 250 buildings and nearly 70% of campus carbon dioxide emissions. The carbon charge began July 1. Yale is the first university to experiment with a carbon fee and the first...
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British Columbia government raises carbon tax, corporate tax rate

11 September 2017 - British Columbia’s New Democratic government said it would increase the Western Canadian province’s carbon tax rate by C$5 per tonne from 1 April 2018, and also raised the provincial corporate tax rate and taxes on higher earners. NDP Finance...
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