Value of global CO2 pricing schemes steady at $50B in 2015, but govt revenues up 60% -World Bank

Published 09:00 on May 25, 2016  /  Last updated at 09:00 on May 25, 2016  /  Americas, Asia Pacific, Australia, Canada, Carbon Taxes, China, China's National ETS, China's Pilot Markets, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, New Market Mechanisms, South & Central, South Korea, Switzerland, US  /  No Comments

The world’s carbon markets and tax regimes were collectively worth just under $50 billion last year, little changed from 2014’s levels, though governments were able to raise 60% more through the schemes, according to a joint report by the World Bank and consultancy Ecofys.

The world’s carbon markets and tax regimes were collectively worth just under $50 billion last year, little changed from 2014’s levels, though governments were able to raise 60% more through the schemes, according to a joint report by the World Bank and consultancy Ecofys.

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