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Governments gearing up for climate change talks in Paris

June was a busy month for governments and the energy industry the world over. The run-up has now started to the year-end climate-change conference in Paris

As Petroleum Economist went to press, two major energy users, China and South Korea, had just pledged their portentous, if vague, Intended National Determined Contributions to the struggle to limit climate change. We will have to start getting used to the acronyms now.In keeping with the international spirit, the UK Secretary of State for Energy and Climate Change Amber Rudd got in an early response, saying 30 June that the “momentum was building for a deal in Paris and Britain will be working with China, South Korea and others to make sure we’re doing all we can to reach our shared goal.” Among the measures seen as necessary to achieve this is a common way of pricing carbon, either by a tax

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