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Australia States Waiting for Federal Go-Ahead to Transform Their Energy Grid
Since the Paris Agreement was signed in December 2015 the Australian energy sector has been trending away from fossil fuels....
Absence of a Federal Carbon Price and Mechanism in the US
The United States does not have a federal carbon price. However, at the state and regional level, eleven states covering...
Brexit Poses a Challenge for Carbon Pricing Mechanisms
Currently, the UK partakes in the EU Emissions Trading System, an international carbon trading platform that works on a cap...
A Voluntary Carbon Market in need of Carbon Pricing Policy in Turkey
Turkey does not currently mandate a carbon pricing policy. However, projects for the Voluntary Carbon Market, established within the framework...
Spanish Carbon Pricing the Lowest in the EU
As part of the European Union, Spain has historically not had an explicit carbon tax on all products but has...
East Asia’s First Mandatory Emissions Trading System
South Korea does not have a Carbon tax, but does have a trading system. Korean Emission Trading System (KETS) has...
South Africa Launches a Carbon Tax on Energy Producers
After years of deliberation, South Africa introduced a carbon pricing system in June 2019. Climate change is one of the...
The Absence of a Carbon Pricing System in Saudi Arabia
To date, Saudi Arabia doesn’t put a price on carbon emissions. Saudi Arabia neither has a carbon tax, nor a...
An Absence of Carbon Pricing in Russia
Unfortunately, at the moment there is nothing remotely resembling carbon pricing in Russia. No carbon tax, no cap and trade,...
Mexico’s Well Established Carbon Tax and Pilot Emissions Trading System with California and Quebec
Mexico approved Carbon Taxing in 2013 under the Fiscal Reform presented by the administration of former President Peña Nieto. The...
Japan Pioneers First Urban-Based Emissions Trading System
At the government level, a tax on oil-based products and energy resources such as gas, LPG, coal and others has...
A Mismatch Between Italy’s Carbon Pricing Regulations and the EU’s Emissions Trading System
In the European Union (EU), the Emission Trading System (ETS) sets out the policy architecture to introduce carbon pricing. ETS...
Indonesia Focuses on Mechanisms that Support Sustainable Land Use and Forestation Projects
Indonesia does not have a carbon tax, has not put a price on carbon, nor has an emission trading system....
Indian Businesses Take the Lead on Carbon Pricing
The government in India, until recently, has not put in place a carbon tax or cap in the trade system....
A National ETS with a Moderate Price to be Introduced in Germany in 2021
As of 2021, Germany will put a price on each ton of carbon emitted. In December 2019, the federal government,...
A Low Ineffective French Carbon Tax Lies Frozen at 2018 Level
France puts a price on carbon both through a national carbon tax system and through a common cap and trade...
The EU Emissions Trading System Seeking to Improve
The 1990s saw the first attempt of the EU to introduce a carbon tax. Strong industrial lobbying led to its...
China Seeking to Set Carbon Price Through its Emissions Trading System (ETS)
China is seeking to set a carbon price through its Emissions Trading System (ETS). A specific carbon tax for industry...
Canada’s Carbon Pricing Strategy Moving Ahead
The national Greenhouse Gas Pollution Pricing Act (GGPPA) adopted June 21, 2018 as Canada’s carbon pricing system, establishes a greenhouse...
Brazil Launches New Private and Public Policy Carbon Pricing Initiatives
Carbon pricing – a key tool to combat climate change – is gaining momentum all around the world, including in...