OECD Series on Carbon Pricing and Energy Taxation Pricing Greenhouse Gas Emissions 2024 Gearing Up to Bring Emissions Down

Download or read book OECD Series on Carbon Pricing and Energy Taxation Pricing Greenhouse Gas Emissions 2024 Gearing Up to Bring Emissions Down written by OECD and published by OECD Publishing. This book was released on 2024-11-14 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pricing Greenhouse Gas Emissions 2024: Gearing Up to Bring Emissions Down tracks how explicit carbon pricing instruments as well as specific taxes and subsidies on energy use have evolved between 2021 and 2023 across 79 countries, covering approximately 82% of global greenhouse gas (GHG) emissions. This report focuses on emissions trading systems, carbon taxes, fuel and electricity excise taxes, as well as subsidies that lower prices on emissions or energy products. The tax rates for this edition reflect rates applicable on 1 April 2023 while emissions trading schemes implemented throughout 2023 are also included.