The world needs a much higher carbon price

Pictet Asset Management
By June 10, 2021 12:19

The world needs a much higher carbon price

Carbon pricing has so far failed to take off. But it could soon become a pillar of the green economy.

The transition from a fossil-fuelled economy to one powered by renewables carries the promise of being as transformational as the agricultural and industrial revolutions. But as things stand, hopes for containing climate change look ambitious. New net zero pledges from the US, China and Europe are inadequate. They still leave the world far short of the Paris Agreement goal of limiting global temperature rises to below 2 degrees Celsius from pre-industrial levels. 

 

Author Details

Pictet AM is an independent asset manager, overseeing more than CHF206bn for our clients across a range of equity, fixed income, multi asset and alternative strategies. We provide specialist investment services through segregated accounts and investment funds to some of the world’s largest pension funds, financial institutions, sovereign wealth funds, intermediaries and their clients.

Website:pictet.com

Heiko de Boer
Senior Sales Manager, Netherlands
Tel: +31 20 240 3140
E-mail: hdeboer@pictet.com

René de Wit
Senior Sales Manager, Netherlands
Tel: +31 20 240 3140
E-mail: rdewit@pictet.com

Twitter: @PictetAM_NL
LinkedIn: Pictet Asset Management Nederland

Pictet Asset Management
By June 10, 2021 12:19

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