Carbon pricing’s role in driving climate action

What is carbon pricing, and why is it so important for tackling climate change? In this episode, we break down the mechanics of carbon taxes, emissions trading, and cap‑and‑trade policies — and show how putting a price on carbon can drive down emissions while supporting economic growth.Joined by Dr Shreekant Gupta, a veteran economist specializing in climate and sustainability, we explore how carbon pricing works across different countries, why it needs to be tailored to national circumstances, and how it incentivizes innovation and cleaner energy. We also unpack the role of global frameworks like the EU Emissions Trading System (EU ETS), the Paris Agreement, and the EU’s Carbon Border Adjustment Mechanism (CBAM).From understanding “net zero” and the “social cost of carbon” to tackling questions of equity, international trade, and the future of climate policy in Asia, this conversation is a must‑watch for anyone interested in climate solutions, economic resilience, and global cooperation.Topics covered:✅ What is carbon pricing and why does it matter?✅ Cap‑and‑trade vs. carbon taxes vs. offset markets✅ The role of pricing in achieving net‑zero emissions✅ EU ETS, CBAM, and global climate trade tensions✅ Challenges and opportunities for Asia and the global SouthRead the report: Carbon Tax in an Evolving Carbon Economy: Policy Design & Digital Innovations🌍 Listen now and learn how carbon pricing can help build a cleaner, fairer, and more sustainable future.#CarbonPricing #ClimatePolicy #EmissionsTrading #CapAndTrade #Sustainability #ClimateChange Hosted on Acast. See acast.com/privacy for more information.