$23-billion Carbon Loophole at Drax: CO2 emissions disclosure requirements legitimately conceal the true cost of damage to the planet

Posted on 1 CommentPosted in Publication

This new case study shows how PAL’s Carbon Value at Risk (VaR) metric is used to determine the extent of carbon liability risk – the potential cost of damage attributable to carbon emission related anthropogenic (manmade) climate change. For users of biomass as a fuel source such as Drax power station, it highlights a potential $23bn ‘black hole’ between the expected loss and […]

$23-billion Carbon Loophole at Drax: CO2 emissions disclosure requirements legitimately conceal the true cost of damage to the planet was last modified: August 19th, 2018 by admin

A Universal Carbon Tax to fund climate change mitigation

Posted on Leave a commentPosted in Chairman’s Blog

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 […]

A Universal Carbon Tax to fund climate change mitigation was last modified: August 19th, 2018 by Bruce Menzies

Insurance companies should collect a carbon levy : Nature News & Comment

Posted on Posted in Press Release

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.     Insurance companies should collect a carbon levy : Nature News & Comment was last modified: September […]

Insurance companies should collect a carbon levy : Nature News & Comment was last modified: September 13th, 2017 by admin

PAL’s Universal Carbon Price will foot the bill for climate change – and is fair to Joe Bloggses the world over

Posted on Leave a commentPosted in Chairman’s Blog

In my previous posting I promised Joe Bloggs, the proverbial man-in-the-street, more details on how PAL’s universal carbon price is fair, acceptable and affordable – for mankind worldwide. Here we go. PAL’s Universal Carbon Price will foot the bill for climate change – and is fair to Joe Bloggses the world over was last modified: […]

PAL’s Universal Carbon Price will foot the bill for climate change – and is fair to Joe Bloggses the world over was last modified: August 19th, 2018 by Bruce Menzies
oil derrick

Stranded assets: do they have a future?

Posted on 1 CommentPosted in Chairman’s Blog

For a classic example of stranded assets, look no further than the ‘proved reserves’ i.e. oil in the ground, which feature in the annual reports of major oil companies.  Whilst adding apparent value to the corporate share price, their true worth is at significant risk from carbon liability. Why? Because the days of emitting carbon dioxide […]

Stranded assets: do they have a future? was last modified: August 19th, 2018 by Bruce Menzies

Fact Sheet: Reinsurance Event Attributed Carbon Tax – REACT

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In 2015 Predict Ability Ltd (PAL) introduced the Reinsurance Event Attributed Carbon Tax (REACT) system, which was originally designed to put a price on the financial loss and damage arising from carbon emissions. REACT measures the expected losses that will occur for each tonne of carbon dioxide emitted. Further, it determines the allocation of the […]

Fact Sheet: Reinsurance Event Attributed Carbon Tax – REACT was last modified: September 6th, 2018 by admin