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Fragile Balance: Designing Carbon Pricing Mechanisms to Nudge the World to Carbon-Neutrality

This report by PTR’s business analyst Amara Ashfaq examines carbon pricing, a popular tool used to address climate change by incentivizing the transition to clean energy. The two primary carbon pricing mechanisms, Emissions Trading Systems (ETS) and Carbon Taxes are explored, along with their implementation and plans for future use. The report examines carbon pricing strategies in fifteen countries worldwide, including the different mechanisms used, government revenues, targeted sectors, and regulation and compliance. Additionally, the report analyzes three cases from various carbon pricing schemes, highlighting key lessons for the successful implementation of carbon pricing mechanisms.

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