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The Paris climate agreement needs coordinated carbon prices to be successful

2016-06-14 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Conversation: The Paris climate agreement was an important success for climate diplomacy as nation states showed a strong will to cooperate on climate action. But instead of imposing binding national emission targets, the Paris Agreement is based on voluntary country commitments (known as Intended Nationally Determined Contributions- INDCs). This poses some challenges. First, the INDCs proposed so far are not enough to limit warming to well below 2?, aiming for 1.5?, as agreed in Paris. The INDCs shift a...

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