Carbon Cost Quotes

Global warming could be solved by shifting three to four per cent of global GDP to pay for it.

The market does not work in energy...Carbon has to have a value. Today in the U.S. and China it has no value

We have for many years included a price of carbon in our outlook. We put it in as a cost. Everything gets tested against it.

If other countries don't impose a cost on carbon, then we will be at a disadvantage...we would look at considering perhaps duties that would offset that cost.

We hear people talk about putting a price on carbon, but they won't talk about how much that price of carbon is.

A cap and trade bill will likely increase the costs of electricity. . . . These costs will be passed on to the consumers. But the issue is, how does it actually...how do we interact in terms with the rest of the world? If other countries don't impose a cost on carbon, then we would be at a disadvantage. . . . We should look at considering duties that would offset that cost.

When you look at the social cost of carbon - and there is a lot of ambiguity around that - what you also need to be doing is looking at the benefits of carbon and what that has on increased agriculture production.

The question is: do we pay a little bit more now? Or do we pay a whole lot later? For the equivalent of a postage stamp a day for each American, we can put a price on carbon today that will send a signal to private capital to invest in the clean technologies of tomorrow. Taking a vast portfolio of new energy solutions to scale will ultimately drive down costs through competition.