‘Any increase beyond 2 degrees is a death warrant for our countries,’ the foreign minister of the Marshall Islands in the Pacific, Tony de Brum, has warned after the International Maritime Organisation (IMO) sidelined his country’s plea for a global CO2 target for shipping.
The European Parliament’s trade committee has been accused of not trusting Europe’s national courts with safeguarding the rights of international investors after it called for the controversial Investor-State Dispute Settlement (ISDS) clause to be retained in the proposed EU-US trade deal.
The average van sold in the EU in 2014 emitted 169.2g/km, the European Environment Agency (EEA) has reported. It has prompted calls for the van sector to face vastly more ambitious targets with T&E saying 100 grams of CO2 per km should be set for 2025.
The US state of Oregon is to start an experiment in replacing fuel taxes with a distance-based charge. The experiment could be the start of a US-wide switch to ‘pay-per-mile’ charging, but buyers of fuel-efficient cars say the new scheme discriminates against the investments they have made in cleaner technology, and civil liberties groups say they have concerns about the satellite data that would be collected.
The world’s governments will spend $5.3 trillion (€4.8 trillion) subsidising the cost of oil, gas and coal this year, thereby undermining their attempts to combat global warming and wealth inequality and fund public health.
The European Parliament’s trade committee today decided that Europe’s national courts cannot be trusted with safeguarding the rights of international investors when it called for private arbitration to be retained in the EU-US trade deal. MEPs voted for the controversial Investor-State Dispute Settlement clause (ISDS) – though repackaged under a different name for the Transatlantic Trade and Investment Partnership (TTIP). ISDS allows foreign investors to directly sue governments in private arbitration panels, with potential awards paid by taxpayers.
Six of the largest oil and gas companies in Europe have called for the UN to let them help devise a global carbon pricing system. Responding to rising pressure ahead of the Paris climate talks at the end of this year, the chief executives of Royal Dutch Shell, BP and BG Group from the UK, France’s Total, Norway’s Statoil and Italy’s Eni have sought direct talks with governments.
It’s true to say, as Grist.org’s Ben Adler does, that fuel taxes play a critical role in cleaning up road transport but we’re not in agreement that this necessarily makes road pricing a bad idea. From our perspective, we’d rather see it as a complementary measure.
A fuel tax agreement operates in the US and Canada which is known as the International Fuel Tax Agreement, or IFTA. Under the IFTA, truck operators (hauliers) record distance travelled and fuel consumed within each state/province (jurisdiction). Tax paid where fuel is purchased is later reconciled against actual use. Thanks to this reconciliation process, hauliers obtain a rebate from some jurisdictions and pay additional taxes to others.