Morning Brief: G20 officials offer qualified ‘carbon pricing’ support

Treasury Secretary Janet Yellen and other finance ministers from the Group of 20 large nations are offering a qualified endorsement of carbon pricing programs as one option to address climate change, in addition to pressing development banks to take greater action on low-carbon investments. A July 10 joint statement , released after the G20 officials met in Venice, Italy, says the mix of policies to shift to a low-carbon economy “should include a wide set of tools,” including, “if appropriate,...