Leading from behind

Rational planning demands a price on carbon

EU: €5 (~$7) per ton of CO2
California: $12 per ton of CO2
Shell's internal price: $40 per ton of CO2

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Coalbed methane is an underappreciated problem of global steel production. While cutting methane emissions in the steel supply chain will not produce green steel overnight, it could reduce the sector’s emissions by the equivalent of a billion tons of carbon annually, and at little cost.

25 Sep 25