New insights on carbon prices to transform the power sector were launched today by the world’s first industry-led initiative convened by business leaders from Bank of America, Barclays, PGGM, MN, Engie, Iberdrola, NRG and Hermes Investment Management. The power sector accounts for a quarter of global emissions and defining investment-grade carbon price ranges will help companies better understand risks and how these align with the goals set out in the Paris Agreement.

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Photo by CDP.