World Bank Head Calls for Carbon Pricing to Rescue Climate

World Bank Head Calls for Carbon Pricing to Rescue Climate (via Environment News Service) DAVOS, Switzerland, January 27, 2014 (ENS) – At the World Economic Forum in Davos, World Bank President Jim Yong Kim called for a price on carbon, requiring companies to disclose their climate risk exposure, and greater investment in green bonds in… … [Read more...]

Obama increases estimates of climate damage with higher social cost of carbon

In March, we discussed President Obama’s decision to use the National Environmental Policy Act (NEPA) to force federal agencies to consider the impact on global warming before approving major federal projects. Last week, the Administration made a big, yet very quiet announcement that will have major impacts on climate change policy. The social cost of carbon was raised to $38 a metric ton in 2015 … [Read more...]

Obama to recommend federal agencies consider climate change impacts in decisions: could look to the UK for guidance

President Obama’s Inaugural Address showed that one of his main priorities is to take on the challenge of climate change, with or without the help of congress. In one of the ways Obama can move on climate change without congressional approval, the President is expected to announce that he will use the National Environmental Policy Act (NEPA), signed into law by President Nixon in 1970, to force … [Read more...]