Discussions over the value of carbon are heating up as the EU releases the latest plans to cut its carbon dioxide emissions; the US announces plans for a carbon border tax; and the emissions trading scheme of the world’s worst polluter, China, becomes active.
Defining the price of carbon is a complex task, and not just because of the challenges in getting to a numeric value globally that would keep temperatures rising to less than 2°C since industrial times by 2030.
