Emissions rise from the Royal Dutch Shell Norco Refinery in Norco, Louisiana, on June 12, 2020. Photo: Bloomberg Emissions rise from the Royal Dutch Shell Norco Refinery in Norco, Louisiana, on June 12, 2020. Photo: Bloomberg
Emissions rise from the Royal Dutch Shell Norco Refinery in Norco, Louisiana, on June 12, 2020. Photo: Bloomberg
David Dodwell
Opinion

Opinion

Inside Out by David Dodwell

COP26: time to make carbon polluters pay, not just talk emissions cuts

  • While the cost to big polluters remains low and emissions ceilings remain generously high, carbon trading will continue to be ineffectual
  • Rather than focus on sticks, carrots in the form of global carbon reduction incentives could generate headway in the fight against climate change

Emissions rise from the Royal Dutch Shell Norco Refinery in Norco, Louisiana, on June 12, 2020. Photo: Bloomberg Emissions rise from the Royal Dutch Shell Norco Refinery in Norco, Louisiana, on June 12, 2020. Photo: Bloomberg
Emissions rise from the Royal Dutch Shell Norco Refinery in Norco, Louisiana, on June 12, 2020. Photo: Bloomberg
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David Dodwell

David Dodwell

David Dodwell is the executive director of the Hong Kong-APEC Trade Policy Study Group, a trade policy think tank.