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