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Jul 23, 2021SUBSCRIBE NOW

Global carbon price floor would limit global warming - IMF staff

IMF staff propose a carbon-price floor to slow global warming over the next decade. The proposal parallels the debate on a minimum global corporate-tax rate. A three-tier price floor among the U.S., China, the European Union, India, U.K. and Canada could help cut global emissions.
1 month ago

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Global carbon price floor would limit global warming - IMF staff

By Andrea Shalal WASHINGTON - An agreement by some or all of the Group of 20 countries on a flexible global carbon price floor would help limit global warning to 1.5 to 2 degrees Celsius, the International Monetary Fund said in a new staff paper released Friday. Such an agreement would cover a big percentage of global carbon dioxide emissions, marking a major step toward needed

1 month ago|United Kingdom
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IMF Urges Top Polluters To Adopt Carbon Price Floor

The IMF on Friday issued a report calling for the world's top polluters to adopt an international carbon price floor, arguing it offered a "realistic prospect" to combat climate change. The multilateral agency said that carbon pricing was now widely accepted as the most important policy tool to achieve the drastic emissions cuts required to limit global warming to two degrees Celsius by 2050.

1 month ago|United States
Bloomberg Quint
Bloomberg Quint

IMF Staff Propose Carbon-Price Floor to Slow Climate Change

(Bloomberg) -- International Monetary Fund staff proposed a carbon-price floor to slow global warming over the next decade, saying that climate change presents huge risks to the functioning of the world’s economies.Continue Reading. Read more on OnWeb by BloombergQuint.

1 month ago|
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IMF proposes carbon price floor among large emitters to limit global warming

The International Monetary Fund (IMF) on Friday proposed to set up an international carbon price floor to help limit global warming and achieve the transition toward low carbon growth over this decade.

1 month ago|China
Eyewitness News
Eyewitness News

IMF urges top polluters to adopt carbon price floor

The multilateral agency said that carbon pricing was now widely accepted as the most important policy tool to achieve the drastic emissions cuts required to limit global warming to two degrees Celsius by 2050.

1 month ago|South Africa
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