If we want to fight climate change it must be more expensive to pollute than to clean it up. By charging for pollution, low-carbon solutions become economically viable, and the amounts collected will finance cleaning it up. It is estimated that a price of €30 or €40 per tonne of CO2 would massively reduce greenhouse gas emissions.
« Putting a robust and predictable price on carbon – in other words one that incorporates the cost of the climate externality - is the only way to make CO2 capture cheaper than releasing it into the atmosphere, cleaning up less costly than polluting. In the absence of a deterrent carbon price that would charge for using the atmosphere as a "greenhouse gas discharge », everyone is free to emit unlimited amounts of CO2," said Antoine Frérot.
The circular economy, a new model of resource use
Climate change results in particular from a linear economic logic, of the type extract-manufacture-throw, which takes ever more natural resources and generates significant amounts of greenhouse gas emissions. Today it is about creating a circular economic model, in which the waste produced by some – heat from data centres, the calories in wastewater, biogas from landfills, inherent energy produced in factories, etc. - become resources for others.
In 2015, Veolia avoided 6 million tonnes of CO2 and reduced its greenhouse gas emissions by 16 million tonnes - in total the equivalent of a European city with 2.7 million inhabitants. The 2020 target: to reduce, in total, 100 million tonnes of CO2 emissions in its own facilities and 50 million tonnes in those of its customers. Over the period 2015-2030, Veolia has set a progressive internal price of €31 per tonne of CO2 in relation to its investment projects.
> The Veolia climate blog: “A low carbon economy is achievable” by Antoine Frérot
> The Paris Agreement, a historical commitment
> Veolia’s climate solutions
> Veolia’s corporate social responsibility (CSR)