Economists often recommend fuel taxes to curb greenhouse gas emissions from automobiles in cities. But the effectiveness of these taxes depends heavily on other factors, like the availability of...
Evidence suggests that an economical way to reduce greenhouse gas emissions is through the use of carbon pricing instruments. Explicit carbon pricing mechanisms fall into three categories: cap &...
Carbon pricing is an instrument that captures the external costs of greenhouse gas (GHG) emissions—the costs of emissions that the public pays for, such as damage to crops, health care costs from...
"Basic building blocks of how to design and run a carbon tax"
Putting a tax on carbon emissions incentivizes companies and consumers to reduce their emissions, raises revenue for government and...
"Domestic carbon pricing initiatives have been strengthened as jurisdictions around the world adopt more ambitious mitigation targets and introduce associated policy tools."
This Knowledge Note...
As the world seeks to enhance global greenhouse gas (GHG) mitigation efforts, countries are exploring innovative approaches to scale-up emissions reductions and foster private sector investment in...