Effective Carbon Rates 2018 (OECD)

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This OECD report measures carbon pricing of CO2-emissions from energy use in 42 OECD and G20 countries, covering 80% of world emissions. The ‘carbon pricing gap’ measures how much the 42 countries, together as well as individually, fall short of pricing emissions in line with levels needed for decarbonisation. It finds that today’s carbon prices – while slowly rising – are still too low to have a significant impact on curbing climate change. Download the full report on the OECD website.