I:BusinessCarbonPricingAdvocacy

I:CapandTrade

I:CarbonOffsetPrices

I:CarbonOffsetsandCarbonPricing

I:CarbonPriceCorridor

I:CarbonPriceForecasting

I:CarbonPricingandEmissionsReductions

I:CarbonPricingandTechnologyInnovation

I:CarbonPricingHistoryandTrends

I:CarbonPricingImpacts

I:CarbonPricinginScenarioPlanning

I:CarbonPricingPoliticalFeasibility

I:CarbonPricingviaCarbonMarkets

I:CarbonPricingwithComplementaryPolicies

I:CarbonTaxation

I:ClimateExactions

I:ConsumptionBasedCarbonPricing

I:CurrentDamagesasCarbonPrice

I:EvaluatingBCsCarbonTax

I:EvaluatingCarbonPricing

I:GlobalCarbonPricing

I:ImplicitCarbonPricing

I:PolicyasCarbonPricing

I:RCCRiskCostofCarbonasCarbonPrice

I:SCCasCarbonPrice

I:SVMASocialValueofMitigationAction

I:TargetBasedCarbonPricing

I:UseofCarbonRevenues

S - Carbon Markets

S - Carbon Price Forecasts

S - Carbon Pricing Futures

S - Carbon Pricing History and Trends

S - Carbon Pricing in the Electricity Sector

S - Carbon Pricing Policy as Business Risk

S - Carbon Pricing Sources

S - Carbon Pricing System Design

S - Evaluating Carbon Pricing

S - Impacts of Pricing Carbon

S - Internal Corporate Carbon Pricing

S - National and Global Carbon Pricing

S - SCC Social Cost of Carbon

S - State and Local Carbon Pricing

S - Taxing Carbon

S - Why and How of Pricing Carbon

N - Carbon Price Forecasting

N - Carbon Pricing Advocacy

N - Carbon Pricing Impacts

N - Carbon Pricing News - Topical

N - Carbon Pricing Trends

N - Evaluating Carbon Pricing

N - Internal Carbon Pricing - Business and Other

N - SCC Social Cost of Carbon News

N - State Carbon Pricing

N - Taxing Carbon

T - Carbon Pricing Individuals

T - Carbon Pricing Networks

V - Carbon Pricing

E - Business Carbon Pricing Advocacy

E - Cap and Trade Performance

E - Carbon Price Design

E - Carbon pricing politics

E - Carbon Pricing Coverage

E - Carbon Pricing History and Trends

E - Carbon Pricing Impacts

E - Carbon Pricing Required for Emissions Targets

E - Carbon Pricing Scenarios and Forecasts

E - Carbon Taxation

E - Case for Carbon Pricing

E - Evaluating Carbon Pricing

E - Implicit Carbon Price of Policies and Measures

E - Negotiating a Global Carbon Price

Infographic - Carbon Pricing in Canada

E - Business Carbon Pricing Advocacy

E - Cap and Dividend

E - Cap and Trade Performance

E - Carbon Markets Performance

E - Carbon Price Design

E - Carbon pricing politics

E - Carbon Pricing Coverage

E - Carbon Pricing History and Trends

E - Carbon Pricing Impacts

E - Carbon Pricing in Practice

E - Carbon Pricing Required for Emissions Targets

E - Carbon Pricing Revenues and Use

E - Carbon Pricing Scenarios and Forecasts

E - Carbon Taxation

E - Case for Carbon Pricing

E - Efficient Optimal Carbon Pricing

E - Evaluating Carbon Pricing

E - Implicit Carbon Price of Policies and Measures

E - Negotiating a Global Carbon Price

E - Revenue Neutral Carbon Tax

E - SCC as Carbon Price

E - Sectoral Carbon Pricing and Pathways

E - Shadow Pricing

2012 The study concluded that policy and technology change in risk, but impacts almost irrelevant

2015 Other ways to get to same objective, e.g. $30/ton carbon tax

2015 Other ways to get to same objective, e.g. $30/ton carbon tax

2015 The 2oC Framework

2015 The 2oC portfolio approach

2015 Translating a 2oC scenario into a 2oC benchmark - 12

2016 Carbon price impact stress-testing approach

2016 Comparison of relevant signposts within physical climate scenarios

2016 Horizontal vs. vertical perspective on carbon pricing

2016 Horizontal vs. vertical perspective on carbon pricing

2016 Impact of policy distortions on apparent abatement cost

2016 Impact of policy distortions on apparent abatement cost

2016 Impact of WAIS collapse by 2200 modest in terms of suggested SCC

2016 Impact of WAIS collapse by 2200 modest in terms of suggested SCC

2016 Linking real assets to financial portfolios (9)

2016 Low carbon impact smart beta portfolio

2016 Mapping GHG productivity along value chains

2016 Mapping GHG productivity along value chains

2016 Objectives of the report

2016 Oil production costs vary widely

2016 Oil production costs vary widely

2016 Overview of carbon pricing by the numbers

2016 Overview of carbon pricing by the numbers

2016 Position of companies on introducing carbon pricing

2016 Position of companies on introducing carbon pricing

2016 Potential price impact of global carbon price after revenue recycling

2016 Prices in existing carbon pricing initiatives

2016 Relative sector impact on PBT by 2020

2016 Risks are long-term, investment focus short-term

2016 Testing 2D alignment for real assets

2016 Testing the alignment of real assets with a 2D target (4)

2016 There is no demand for long-term analysis (19)

2016 Transition scenarios - IEA outlook to 2040

2016 Voluntary vs. mandatory ways to respond to scenario challenges

2017 10 year and 35 year results

2017 35 year sensitivity

2017 Carbon price corridor for the power sector

2017 Carbon pricing could cover costs of universal access to basic services

2017 Carbon revenue recycling can benefit poor

2017 Carbon revenues could significantly expand social assistance

2017 Equity holds of financial actors, top 15 funds, and top 15 banks

2017 First and second round bank equity losses

2017 Heat maps - sensitivity of asset classes to climate risk factors

2017 OPTrust TRIP Expsoures

2017 Portfolio impacts at 10 years

2017 Portfolio impacts at 10 years

2017 Portfolio impacts at 10 years

2017 Reclassified NACE sectors to climate-policy-relevant sectors

2017 Risk factors illustrated relatively by scenario

2017 Sensitivity to TRIP risk factors by OPTrust greatest over short term

2018 Recent trends in carbon pricing

2018 The carbon pricing gap for OECD and G20 Countries

2021 Calculated components of the price of carbon facing Norwegian motorists as of 2019

2021 IPR carbon price policy forecast

2021 Voluntary carbon credit prices and demand 2019 by project type

2021 Voluntary carbon credit prices and demand 2019 by vintage

Australian Carbon Prices and Food Prices

Calculated "marginal" benefit cost ratio for 2011

Carbon Pricing by Country

Carbon Pricing Coverage by Country

Cheap energy is important for less poverty and better health

Coal keeps electricity prices down

Forward looking benefit cost ratios

GDP will continue to rise rapidly

Impact of Carbon Pricing

One can project the "CO2 Yield for Crops in the Future

Revised 2013 Social Cost of CO2, 2010-2050 ($2007)

Subtracting out benefits of energy from non-fossil fuel sources

The benefit cost ratio for CO2 is huge

The social cost of carbon emissions

As governments take real action, carbon prices could rise

Average voluntary market prices should rise to $20-50/tCO2e by 2030

Talk of carbon pricing evokes the bitter memory of shock therapy in eastern Europe and the developing world. BlackRock’s backstop idea is the logic of the 2008 bank bailouts expanded to the global level – socialise the risks, privatise the profits.

Taylor: 90% of people advocate a modest tax with a strict escalator

Taylor: If liberals are right that mitigation is cheap, then emissions reductions from a carbon tax should be huge

Taylor: Ironically, conservatives have the best answer to climate change - the power of markets and the invisible hand

Taylor: There is NOTHING that will get the job done besides a real price on carbon - regulation can't get there

The US and the EU seem less preoccupied with grand schemes of carbon pricing and blended finance, than with pushing a case-by-case approach

Works out ~$300/ton in 2050

Works out to ~$80/ton in 2030

Carbon Pricing for Paris Agreement

Carbon Pricing in Brief

Carbon Pricing Intro

Carbon Pricing Rules of Thumb

Implicit Carbon Pricing

Scoping Out the Topic of Carbon Pricing

Summing Up the Options for Carbon Pricing

2008 Utility scenarios for carbon prices vary widely

2013 29 Companies Disclose an Internal Carbon Price

2014 Map page 1

2014 Map page 2

2015 Carbon prices used by 19 companies disclosing price

2015 Companies using internal carbon prices

2015 Consumer Discretionary

2015 Consumer Staples

2015 Energy

2015 Financials

2015 Global 500 advocacy on carbon pricing

2015 Health Care

2015 How are companies engaging on government carbon pricing

2015 How shadow prices drive decision-making

2015 Industrials

2015 Information Technology

2015 Internal carbon prices vary significantly based on whether a "fee" or a "shadow price"

2015 Internal carbon pricing various sectors are using

2015 Internal voluntary carbon prices by sector

2015 Materials

2015 Most Common Benefits and Challenges

2015 Recommended pricing reporting guidance

2015 Telecommunications

2015 Utilities

2016 1,249 companies are pricing or planning to price carbon

2016 37 companies reported a direct link between carbon pricing and tangible change

2016 Exxon's proposed internal carbon price trajectory

2016 Internal carbon pricing

2016 Mandatory vs. internal carbon prices for several jurisdictions

2016 Sectoral responses to carbon pricing survey

2017 Internal carbon prices of utilities publicly disclosed to CDP compared to Paris-compatible carbon prices for 2020

2018 Companies using carbon pricing or preparing to

2018 Estimates of global SCC at different discount rates 2015-2050

2018 Growth of internal carbon pricing

2018 Growth of internal carbon pricing 2014-2017

2018 Power sector internal carbon price levels

2020 Carbon proxy price as a share of energy cost

2020 Financial viability of projects with and without a proxy carbon price

2021 Carbon price ranges by industry

2021 Carbon price ranges by region

2021 Carbon price ranges by type of price

2021 Carbon prices differentiated by GHG scope, implicit price, shadow price

2021 Commonly disclosed carbon pricing regulations

2021 Company objectives for internal carbon pricing based on current or expected emissions regulation: 2020

2021 Company objectives for internal carbon pricing: 2020

2021 Correlation between internal carbon pricing and other climate actions 2018-2020

2021 Growth of internal carbon pricing

2021 Growth of internal carbon pricing by region 2018-2020

2021 Industries regulated for carbon or expecting requlation within three years

2021 Industries regulated for carbon or expecting to be regulated -- by region

2021 Internal carbon pricing varies within and between industries and regions

2021 Internal carbon pricing: number of companies currently and planning to use

2021 Number of companies currently subject to regulation and expecting regulation

2021 Share of companies by region using or planning to price carbon 2018-2020

2021 Share of companies pricing or planning to price carbon 2018-2020

2021 Types of internal carbon prices used

2021 Use of carbon pricing by industry sector

Attributes of carbon fee pricing

Attributes of carbon shadow pricing

Common elements of establishing an internal carbon rice

Emissions Reductions vs. Emissions

European company carbon prices

Internal carbon pricing in North America - 1

Number of companies planning to price carbon up 23% from 2015

Setting a corporate price on carbon

CDP: median internal carbon price disclosed by companies in 2020 was US$25 per metric ton of CO2e, with companies in Asia and Europe implementing average price of US$28

Companies disclosed that they use internal carbon prices to address current or future regulation that could increase the cost of emissions and have a financial impact on their business.

Of nearly 6,000 companies surveyed on carbon pricing in 2020, more than 2,000 - representing over US$27 trillion in market capitalisation - disclosed that they currently use an internal carbon price or plan to implement one within the next two years.

Puma GHG Valuation: $87/ton (methodology attached)