Value of world’s carbon pricing schemes edges up year-on-year while govt revenues drop -report

Published 18:10 on May 23, 2017  /  Last updated at 15:54 on November 1, 2017  /  Africa, Americas, Asia Pacific, Australia, Canada, Carbon Taxes, China, China's National ETS, China's Pilot Markets, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, New Market Mechanisms, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US  /  No Comments

The combined value of the world’s carbon markets and CO2 tax regimes rose by 7% to $52 billion in 2017, with eight new pricing initiatives helping to nearly double the total number over the past five years, but government revenues have dropped by some 15%, according to a new report published Tuesday.

The combined value of the world’s carbon markets and CO2 tax regimes rose by 7% to $52 billion in 2017, with eight new pricing initiatives helping to nearly double the total number over the past five years, but government revenues have dropped by some 15%, according to a new report published Tuesday.

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