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Carbon price of $40-80/tCO2 by 2020: Indian companies need to factor this in too
May 31: For referene purposes, the website carries here a report on explicit carbon-pricing options and levels that would induce the change in behaviors—particularly in those driving the investments in infrastructure, technology, and equipment—needed to deliver on the temperatureobjective of the Paris Agreement.  
 8The explicit carbon-price level consistent with achieving the Paris temperature target is at least US$40–80/tCO2 by 2020 and US$50–100/tCO2 by 2030, provided a supportive policy environment is in place, the report concludes. 
 8This is something that Indian oil companies may have to take into account while calculating their IRRs.Click on Report for more.


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