title: Carbon pricing world wide
metadata.name: dc.contributor.author
metadata.value: Ismagilova, Olga D.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2024-03-27T17:18:04Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2024-03-27T17:18:04Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2023-12
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Ismagilova, O. D. (2023) ‘Carbon pricing world wide’, St. Petersburg University Journal of Economic Studies, 39 (4), pp. 470–495. https://doi.org/10.21638/spbu05.2023.402 (In Russian)
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu05.2023.402
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/45137
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: The article deals with the features of existing carbon pricing policies in different countries.
  While some countries have only a carbon tax and others a cap-and-trade system, there are
  jurisdictions that combine them. The differences in the existing cap-and-trade systems and
  carbon taxes in selected countries — both in terms of sectors and emissions covered, as well
  as carbon prices are shown. As it appeared to be at least 70 different carbon pricing initiatives
  at the national and subnational levels, they cover less than ¼ of global GHG emissions.
  Examples of fuel excise tax — still most common indirect carbon pricing mechanism in the
  world — are highlighted. The assessment by international organizations and national agencies
  of effective carbon rates are given, which vary by countries and potential effects for the global
  decarbonization. According to the working assumption, effective climate change policies must
  include a mix of regulatory actions combining restrictions and control over emissions as well
  as economic incentives. This article describes mechanisms of bilateral and international cooperation
  on emission pricing and provides examples of voluntary standards for verification
  and validation of climate change projects. Despite proposals of different international organizations,
  there has been no agreement so far on an international carbon price floor. However,
  in 2021, negotiators closed a deal setting global rules for carbon markets, allowing countries
  that have emission units to trade them. The world’s first major carbon border tax — a Carbon
  Border Adjustment Mechanism (CBAM) will introduce a carbon price on certain products
  imported into the EU.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: ru
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: St Petersburg University Journal of Economic Studies;Volume 39; Issue 4
metadata.lang: -
metadata.name: dc.subject
metadata.value: carbon pricing
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: carbon tax
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: cap-and-trade system
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: fuel excise tax
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: carbon market
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: effective carbon rates
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: Carbon pricing world wide
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 02.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/45137/1/02.pdf
resources.format: Adobe PDF
resources.size: 971,97 kB