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Carbon price vital for zero-emission goal: World Bank

2015-05-11 22:39:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: Safely reaching the UN's climate target requires governments to have a long-term vision that includes carbon pricing, the World Bank said Monday. A price on carbon dioxide (CO2), the principal greenhouse gas, "is an efficient way to raise revenue while encouraging lower emissions," the Bank said. The report, "Decarbonizing Development: Three Steps to a Zero Carbon Future," suggests three essentials for curbing emissions of global-warming gases. United Nations members have set the goal of...

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