Carbon Pricing Panel shows increasing support for price on carbon at highest levels of government & business

“To avert the worst impacts of climate change and achieve shared global prosperity, we need limits on climate pollution – and a price on emissions to drive reductions as efficiently and as fairly as possible. Today’s announcement is a welcome signal of the increasing support for carbon pricing at the very highest levels of government and business.

“The test of any climate policy is whether it will deliver the ambitious reductions that science demands, while sparking the innovation and jobs that can spur a low-carbon economy. With emission trading systems in effect in over 50 places that are home to nearly a billion people – from California to Europe to large parts of China – we have a wealth of experience to draw on in designing and implementing effective policies that put a price on climate pollution and deliver real reductions. 

“The panel provides an unparalleled opportunity to harness high-level government and business leadership on carbon pricing — and ensure that it translates into effective action. We are eager to work with the panel to get on with the urgent business at hand: turning the corner toward climate stability and a new era of clean, low-carbon prosperity.”

- Fred Krupp, president of Environmental Defense Fund