G20 to debate carbon pricing and subsidy phase-out

By Annemarie Botzki 31 May 2017
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A combined-cycle thermo-solar power plant. Gas should benefit from carbon pricing. (Dana Smillie, World Bank) A combined-cycle thermo-solar power plant. Gas should benefit from carbon pricing. (Dana Smillie, World Bank)

While the forthcoming G20 meeting in Hamburg will fail to yield a global carbon price – despite the best efforts of its hosts – the launch of China’s national Emissions Trading System (ETS) later in 2017 could provide the impetus for such a development. 

Leaders from 20 major economies will meet for the G20 in Hamburg from 7-8 July, where climate change and sustainable development will be among the major themes.

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