Oil, coal and natural gas will remain the world’s dominant sources of energy over the next decades, with resulting carbon dioxide emissions set to increase to unsustainable levels. However, technologies that help reduce CO2 emissions from fossil fuels can reverse this trend. CO2 capture and...

The cement energy technology roadmap outlines a possible transition path for the industry to make continued contributions towards a halving of global CO2 emissions by 2050. As part of this contribution, this roadmap estimates that the cement industry could reduce its direct emissions 18% from...

Bioenergy with Carbon Capture and Storage (BECCS) is a carbon reduction technology that offers permanent net removal of carbon dioxide (CO2) from the atmosphere. This has been termed 'negative carbon dioxide emissions', and offers a significant advantage over other mitigation alternatives, which...

The People’s Republic of China (“China”) officially launched its national emissions trading system (ETS) in 2017, and it will come into operation in 2021. Initially covering the power sector, which accounts for over 40% of China’s energy-related CO2 emissions, the ETS is set to...

Climate policy raises a number of challenges for the energy sector, the most significant being the transition from a high to a low-CO2 energy path in a few decades. Act Locally, Trade Globally seeks to provide a complete picture of the future role of emissions trading in climate policy and the...

Foreword and acknowledgements -- Acronyms and abbreviations -- Preface -- Executive summary -- Core climate policies and the case for policy alignment -- Scaling-up low-carbon investment and finance -- Implementing climate-friendly taxation practices -- Delivering innovation and skills for the...

Carbon pricing is a valuable instrument in the policy toolkit to promote clean energy transitions. By internalising the societal cost of greenhouse gas emissions, carbon pricing can stimulate investments in low-carbon technological innovations, foster multilateral co-operation and create...