With climate change imposing ever-higher costs, governments, businesses and investors are belatedly trying to work out how to impose a proportionate monetary cost on those responsible. Pricing carbon emissions will be essential on.ft.com/3aKxiOf
The expected level of carbon prices is going up. Energy giant BP is planning for a carbon price of $100 a tonne of CO2 by 2030 — and experts say that’s not fanciful thinking on.ft.com/3aKxiOf
A carbon price of $100 per tonne would supercharge investment in low-carbon technologies but it would also cripple businesses that are not able to adapt on.ft.com/3aKxiOf
The 100 least resilient companies would lose just under half their market value if carbon emissions are priced at $100 a tonne, consultancy Planetrics forecasts. The best-performing 100 would rise by 28% on.ft.com/3aKxiOf
👉 What is the best way to arrive at a good estimate of a carbon price?
👉 How should governments go about implementing a price on carbon?
👉 What price would genuinely influence a change in behaviour?

These questions have never been more important on.ft.com/3aKxiOf
Our Lex writers @VanessaHoulder1 and @confordpark have looked at the best practice for implementing carbon pricing, how it affects competitiveness, which sectors will shoulder heavier cost burdens — and whether these costs will be passed on to customers on.ft.com/3aKxiOf

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More from @FinancialTimes

3 Feb
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When Joe Biden is sworn in as president on January 20, he will be forced to tackle an issue that may define his presidency as much as the health and livelihoods of the American people: the fate of his predecessor, Donald Trump on.ft.com/3r7ysL5
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It has been five years since the signing of the Paris climate accord, when 189 countries agreed to limit global warming to hopefully 1.5C. Squabbling nations have since struggled to agree on the rules. Now, that goal might be in reach. Here’s why 👇 ft.com/content/d6e23e…
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Global emissions have also dropped 6.7% during the coronavirus pandemic this year, the biggest absolute decline recorded outside of wartime ft.com/content/d6e23e…
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