Manmade climate change is a global problem that requires a global solution. Proposed here is a fair and sustainable Universal Carbon Tax whereby all countries pay a carbon tax that dynamically factors in: Historic, current and future carbon emissions The differences between developing and developed economies A scientifically defendable carbon price, based on loss and […]
PAL announces Climate Risk Index (CRIX) data for August 2017 is now available. August CRIX is 1,185.36, up 0.4% on the previous month. The index is down 6.7% on the same period last year, and it’s 1,273 all-time high in September 2016. Published at the beginning of each month, the PAL Climate Risk Index (CRIX) provides […]
PAL announces Carbon Loss Index (CLIX) data for August 2017 is now available. August CLIX is valued at $16.47 per tonne CO2, down 1.2% since July. The index is 11.5% down on the same period last year. Published each month, the PAL Carbon Loss Index (CLIX) provides a benchmark for carbon pricing by quantifying the global […]
PAL announces Climate Risk Index (CRIX) data for July 2017 is now available. July CRIX is 1,180.59, up 0.7% on the previous month. The index is 6.3% lower than the same period last year, and is some 7.3% off the 1,273 all-time high back in September 2016. Published at the beginning of each month, […]
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. […]
PAL announces that our Director of Research Richard H. Clarke, in conjunction with Dr Anthony J. Webster (University of Oxford) have their article Insurance companies should collect a carbon levy published in Nature News & Comment today.
Taxing all energy – not just fossil fuels – will smooth decarbonisation and future-proof paying the cost of the loss and damage attributable to manmade climate change that will prevail for centuries – long after carbon emissions cease altogether. To incentivise the transition from ‘dirty’ high-carbon fuels to ‘clean’ low-carbon fuels or energy, requires a […]
Just because, today, a carbon tax is either non-existent, toothless or unenforcible, don’t imagine that one will never be created, given teeth and enforced. The climate change storm is already rumbling and its pressure building steadily towards this inevitability – it may be next year, the year after, or the year after that. But prudent […]
This new report published by Predict Ability Ltd (PAL) provides a lens through which the long-term financial impacts of climate change for a portfolio of companies may be measured. Whilst significant change is underway as sectors prepare to transition to a lower-carbon economy, a long-term quantitative risk approach is required to effectively measure the preparedness […]
The one and only London Wind Array supplies renewable electricity, partly meeting the needs of London. The 2nd phase of the project has been abandoned however, because endangered Red Throated Divers might be threatened by wind turbines. Meanwhile, Londoners continue to die from diseases caused by polluted air.