Paris climate deal will not include global carbon price, says UN climate chief

Christiana Figueres tells investor event that a climate deal to be agreed in Paris in December will not be able to come up with a global carbon price

A climate change deal to be agreed in Paris in December will not be able to come up with a global carbon price, the United Nations' climate chief, Christiana Figueres, said on Tuesday.

Big multinational companies and investors, and most recently oil majors, have called for a global carbon price to help spur investments in low-carbon energy.