Dear big fossil fuel companies, We hear that some of you have had an epiphany and have written to governments and the UN, calling for a strong carbon price. Well, it’s your lucky day! All the way from the UNFCCC to your board rooms, there is a proposal that will no doubt prick up your ears. A global fossil fuel extraction levy (also known as a Carbon Majors Levy) would be an effective way to implement a carbon price. If it were implemented at the low, low price of $2 per tonne of CO2e, it would raise roughly $50bn each … Continue reading Drilling for innovative finance: carbon prices that mean more than false solutions