Lawmaker offers new approach to price carbon in U.S.

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Lawmaker offers new approach to price carbon in U.S. | Reuters

A Democratic congressman made the latest attempt to set a national price on carbon on Thursday, floating a bill that would force companies to pay for their emissions, while using proceeds to help reduce the budget deficit and offset any price increases for consumers. In the wake of recent debates in Congress over the past few days on climate change and news of high-profile Republicans voicing support for a carbon tax, Democratic Congressman Jim McDermott introduced the Managed Carbon Price (MCP) act as a way to address climate change in an "economically responsible way."

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Thomson Reuters Point Carbon's OTC price assessments

		Close	+/-
EUA	Dec 2012	7.13	0.05
sCER	Dec 2012	2.94	0.01

 

 

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California defends use of offsets in CO2 market | Reuters

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