PAL Carbon Loss Index (CLIX) July figures now available

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Carbon Loss Index (CLIX) July 2017. Source: PAL

 

PAL announces Carbon Loss Index (CLIX) data for July 2017 is now available. July CLIX is valued at $16.67 per tonne CO2, unchanged since June. The index is 8.5% lower than the same period last year, and is some 40% off the all-time high back in March 2016 when the index broke through $28.

Published each month, the PAL Carbon Loss Index (CLIX) provides a benchmark for carbon pricing by quantifying the global financial loss and damage arising from carbon emissions. Dating back to January 1980, historical CLIX index values have been produced by the PALcarbon pricing system and are based on the Reinsurance Event Attributed Carbon Tax (REACT) methodology.

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PAL provides carbon pricing software, services and business solutions that help financial institutions and public agencies understand, quantify and track their carbon risk exposure.

PAL Carbon Loss Index (CLIX) July figures now available was last modified: September 22nd, 2017 by admin