WCP and Stop Global Warming kick-off cooperation to raise awareness on carbon pricing

Worldwide Carbon Price has started cooperation with the European Citizens Initiative “StopGlobalaWarming.eu A price for carbon to fight climate change” to join efforts in promoting carbon price mechanism at a European level. Until now, the initiative has collected around 60.000 signatures in the EU, with many economists, members of parliament and public figures among the supporters.
“WCP is happy to start cooperating with Stopglobalwarming.eu, a citizens-led EU initiative to extend carbon pricing and start an environmentally-friendly tax evolution. I urge all the EU citizens to subscribe the petition online and to stay tuned for our joint initiatives to come”, Gianni Chianetta, President of WCP, stated.
The initiative asks the European Commission to propose a EU legislation to discourage the consumption of fossil fuels, encourage energy saving and the use of renewable sources for fighting global warming and limiting temperature increase to 1,5°C. In particular, the proposal introduces a minimum price on C02 emissions, starting from 50€ per CO2 tonne from 2020 up to 100€ by 2025. At the same time, the proposal introduces a border adjustment mechanism on non-EU imports, in such a way as to compensate for the lower pricing on CO2 emissions in the exporting country. The higher revenue deriving from carbon pricing shall be allocated to European policies that support energy saving and the use of renewable sources, and to the reduction of taxation on lower incomes.
It will not be easy to achieve the very challenging goal of collecting 1 million signatures, but this initiative has without doubts contributed to raise awareness in the public sphere around these themes.
Carbon price news worldwide
- Election 2022:Albanese's small-target Labor now needs a big agenda - AFR Maggio 22, 2022His biggest problem is that his core promise to reverse the cost of ... the existing “safeguard mechanism” that acts as a de facto carbon price, ...
- Greenko to supply green power to ArcelorMittal, Ayana Renewable, 3 states from Kurnool plant Maggio 22, 2022The plant which is being set up at a cost of USD 3 billion is the ... 15 million tonnes (MT) of carbon dioxide, which is equal to the emissions ...
- Election 2022 results: Anthony Albanese must balance expectations with reality Maggio 22, 2022... of endorsing a mechanism with an implicit price on carbon by modifying ... a decade ago when it did a deal with the Greens on a carbon price.
- The Gemini Countryside factory where houses are built | Chester and District Standard Maggio 22, 2022... away factory in Cheshire – and at a fraction of the carbon cost. ... Each open panel timber frame house emits 14,460kg less carbon dioxide ...
- Ripple Pledges $100 Million to Help Save Earth From Climate Change | Cryptoglobe Maggio 22, 2022San Francisco-based FinTech firm Ripple has announced a $100M commitment to "scale and strengthen" global carbon markets.