WASHINGTON (November 20, 2015)—On the opening day of COP21 in Paris, six heads of state from France, Chile, Ethiopia, Germany, Mexico and Canada, along with the leaders of the World Bank and International Monetary Fund called on countries and companies to put a price on carbon.
There has never been a better time to ask: what are you doing to price carbon?
Hundreds of companies are now pricing carbon, and hundreds more expect to in the next couple years. An internal price on carbon is emerging as a useful tool for integrating climate change considerations—specifically the value of reducing carbon dioxide and other greenhouse gases (GHGs)—in business decisions.
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