carbon-pricing-mechanism-based-on-loss-and-damage-v4

A new pricing mechanism for financing carbon emission reduction that takes into account the real cost of damage that emissions are causing: Business and individuals report GHG emissions, Re/insurers report insurance losses arising from storms, drought, flood, landslide and wildfire events, Event attribution apportions the financial losses directly attributable to GHG emissions, a carbon tax is dynamically applied to business to pay for the cost of damages. This provides both financial measurement of climatological damage and the reduction of GHGs and climatological damage.

A new pricing mechanism for financing carbon emission reduction that takes into account the real cost of damage that emissions are causing: Business and individuals report GHG emissions, Re/insurers report insurance losses arising from storms, drought, flood, landslide and wildfire events, Event attribution apportions the financial losses directly attributable to GHG emissions, a carbon tax is dynamically applied to business to pay for the cost of damages. This provides both financial measurement of climatological damage and the reduction of GHGs and climatological damage.

carbon-pricing-mechanism-based-on-loss-and-damage-v4 was last modified: October 12th, 2017 by admin

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