ABSTRACT
This chapter deals with Carbon Pricing (CP) issues and discusses the issues of climate policy and ‘Act Now’ transformation. CP is more than an economic mechanism. CP is a panacea term with symbolic resonance, while actual contents and effects of items presented under the CP label are dubious. On most occasions, the CP symbol is disconnected from the basis it is said to cover. Carbon emissions will decline and vanish when reaching zero. Development and deployment of non-carbon emitting sustainable technology is due by strategic public policy with the support of economically effective and efficient financial instruments. Climate change urges ‘Act Now’, overcoming the numerous inertias in ideas, interests, institutes, infrastructures, and indispensable energy-technology transformation.
