Mark Carney at COP26: Countries should have a carbon price
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Mark Carney at COP26: Countries should have a carbon price Close
Every country should try to have a “price on carbon”, the UK prime minister’s finance adviser for COP26 has said.
The former Bank of England governor, Mark Carney, told the BBC’s Christian Fraser that although a global carbon price would be the best option, carbon taxes would probably have to be related to a country’s resources.
Measures could be put in place to stop so-called carbon leakage where companies relocated to countries with lower carbon prices, he said.
More on the climate summit:
The COP26 global climate summit in Glasgow in November is seen as crucial if climate change is to be brought under control. Almost 200 countries are being asked for their plans to cut emissions, and it could lead to major changes to our everyday lives.
Why the COP26 climate summit is important Simple guide to climate change What will climate change look like for you? Will the UK meet its climate targets? How extreme weather is linked to climate change
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Published 3 November
Section BBC News
Subsection Business
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