https://www.engineeringnews.co.za

Chile, Canada ministers among group calling for true carbon price

2nd November 2021

By: Reuters

  

Font size: - +

Chile's energy minister and Canada's environment minister are among signatories to a letter calling for COP26 negotiators to put a true price on carbon emissions, a group overseen by the World Bank said on Monday.

World leaders arrived on Monday at the UN COP26 conference, seen as critical to averting the most disastrous effects of climate change in the future. Their challenge was made even more daunting by the failure of major industrial nations to agree ambitious new commitments.

The COP26 negotiations must mean more than "a worthy communique full of vague pledges", the Carbon Pricing Leadership Coalition said in the letter.

"There will be very little chance for success in combating climate change if countries and companies do not collaborate with each other," Chilean Energy Minister Juan Carlos Jobet, who is also co-chair of the CPLC, said in a statement.

"The most cost-efficient way to do it is through carbon pricing."

Other signatories to the letter include Lord Barker of Battle, the executive chairman of En+, and Thomas-Olivier Leautier, chief economist at Electricite de France.

Exxon Mobil Corp called last week for a transparent carbon price.

Edited by Reuters

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Environmental Impact Management Services
Environmental Impact Management Services

EIMS is an independent specialised environmental consulting firm offering the full spectrum of environmental management services across all sectors...

VISIT SHOWROOM 
Craig Miller Technical Services (CMTS)
Craig Miller Technical Services (CMTS)

CMTS is a leading, well-established EC&I contractor with 37+ years of mining and industrial experience. We execute full-scope EC&I projects with...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.078 0.769s - 140pq - 2rq
Subscribe Now