Chile’s energy minister and Canadian environment minister are among the signatories of a letter asking COP26 negotiators to put a real price on carbon emissions, a supervised panel reported Monday. by the World Bank.
World leaders began arriving at the conference on Monday COP26 of the UN, considered fundamental to avoid the most disastrous effects of climate change in the future. Their challenge has been made all the more daunting by the failure of major industrial nations to agree to new and ambitious commitments.
The COP26 negotiations must mean something more than “a worthy statement full of vague promises”Said the Carbon Pricing Leadership Coalition in the letter.
“There will be very little chance of success in the fight against climate change if countries and companies do not collaborate with each other”, Stated in a statement the Chilean Minister of Energy, Juan Carlos Jobet, who also co-chairs the coalition.
“The most profitable way to do this is through carbon pricing”.
Other signatories of the letter are Lord Barker of Battle, CEO of In +, and Thomas-Olivier Leautier, chief economist of French Electricity.
Exxon Mobil Corp asked last week for a transparent carbon price.
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