imported>Doug Williamson |
imported>Doug Williamson |
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| ''Environmental policy''.
| | A statistical technique that establishes the best linear relationship between the variable to be predicted from one or more input or explanatory variables. |
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| Carbon trading is an application of an emissions trading approach.
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| Greenhouse gas emissions are capped and then markets are used to allocate the emissions among the group of regulated sources.
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| This approach is designed to allow market mechanisms to drive industrial and commercial processes in the direction of low emissions or less carbon intensive solutions.
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| :<span style="color:#4B0082">'''''Price to pollute needs to rise'''''</span>
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| :"At a webinar hosted by the Bank of England, Sarah Breeden, who leads the Bank’s work on climate-related risks, said the cost of pollution allowances will need to rise significantly in order to achieve targets in the Paris Agreement to limit global warming to below 2 degrees Celsius.
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| :Carbon prices may even exceed $100 [a ton] if the transition to a low carbon economy is abrupt, or bumpy, she said.
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| :The current price to pollute in the European Union is around 33 euro ($40) a ton.
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| :'I do think if risk is priced [appropriately] it will drive the right behaviours,' said Breeden."
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| :''Association of Corporate Treasurers ESG blog, Naresh Aggarwal, Associate Director, Policy & Technical, 21 January 2021''
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| == See also == | | == See also == |
| * [[Bank of England]] | | * [[Beta]] |
| * [[Biodiversity credit]] | | * [[Coefficient of determination]] |
| * [[Cap and trade]]
| | * [[Linear regression]] |
| * [[Carbon credits]]
| | * [[Scatter diagram]] |
| * [[Carbon markets]]
| | * [[t-statistic]] |
| * [[Carbon pricing]]
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| * [[Carbon Trust]]
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| * [[Emission trading scheme ]] (ETS)
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| * [[ESG]]
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| * [[European Union]]
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| * [[Paris Agreement]] | |
| * [[Peak oil]] | |
| * [[Streamlined Energy and Carbon Reporting]] | |
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| [[Category:Manage_risks]]
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