Can we agree on a fair and equitable Carbon Price ?

2009-10-01T18:33:00Z

The EP is in Bangkok attending the UN meetings and supports the
process of a just Carbon Pricing and a Climate agreement. For a
comprehensive global agreement to be reached in Copenhagen, this
December, the priority should be to agree on the essential basic
elements for a carbon emissions deal:

- Measure and reward with equitable Carbon pricing the Natural Earth
Ecosystems of forests, wilderness, national parklands and rainforests
as Carbon Sinks.
- Binding emission reductions for all industrialised countries based
on energy intensity reductions greater than 3% per year and just
carbon pricing for energy use.
- Measurable, committed and appropriate change action by developing
countries to limit emissions and reduce energy intensity.
- Reduce intensity of energy globally and enact framework for action
on renewable alternative energy and adaptation to climate change.
- Reduce deforestation, forest degradation and promote sustainable
forest management in all regions and especially the tropics.
- Account for agricultural biomass burning and update accounting rules
for changes in emissions, due to land-use changes & forestry.
- Expand international carbon markets to generate financial support
for developing countries and promote cost-effective emission cuts.
- Desubsidize the entire energy sector so all energies compete on
merit and honest prices.
- Provide international finance to developing countries to supplement
financial flows from the carbon market and domestic investment.
- Create Personal Carbon allocations for capital flows and Technology
transfer cooperation and funding to accelerate development of a
global low-carbon economy.

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Can we agree on a fair and equitable Carbon Price ?