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Weak Carbon Pricing Stalls Energy Transition

Low and patchy carbon prices will delay the transition to a clean economy but present political advantages, according to the Institute of International Finance. 

The sluggish spread of carbon pricing around the world risks holding back the urgent transition to a low-carbon economy, a leading financial industry bodies has warned. In a report co-authored with Pictet Asset Management, the Institute of International Finance (IIF) said the global cost of emitting carbon would remain stubbornly…

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