A common view in the financial industry is that carbon prices are detrimental: by reducing the profitability of companies, a higher price will lower share prices. But, while this may be true in the long run if carbon taxes permanently rise at a constant rate, it can be argued that, in the short to medium...Read More
The UK Emissions Trading Scheme Authority has announced a package of reforms to tighten limits on industrial, power, and aviation emissions to begin next year. Emissions limits will be implemented gradually to give the affected industries certainty over the level of support available in the medium term. The move comes as the country seeks to...Read More