Carbon Pricing Watch 2015
Significant progress in carbon pricing has been made over the last ten years. In 2015, about 40 national and over 20 subnational jurisdictions, representing almost a quarter of global greenhouse gas emissions (GHG), are putting a price on carbon. T...
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| Format: | Brief |
| Language: | English en_US |
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World Bank, Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/05/24528977/carbon-pricing-watch-2015-advance-brief-state-trends-carbon-pricing-2015-report-released-late-2015 http://hdl.handle.net/10986/21986 |
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okr-10986-219862021-06-14T10:20:28Z Carbon Pricing Watch 2015 Kossoy, Alexandre Peszko, Grzegorz Oppermann, Klaus Prytz, Nicolai Gilbert, Alyssa Klein, Noemie Lam, Long Wong, Lindee AUCTION WASTE ALLOWANCE ENVIRONMENTAL PROTECTION TEMPERATURE FERROUS METALS FOSSIL FUELS GREENHOUSE GAS EMISSIONS INTERNATIONAL CREDIT EMISSIONS QUOTAS EXTREME HEAT CARBON BUILDING MATERIALS EMISSION LEVEL CARBON FUND FINANCIAL RESOURCES EMISSIONS REVENUES CARBON MARKETS PORTFOLIO AUCTION REVENUE CARBON PRICING EMISSION REDUCTION GLOBAL GREENHOUSE GAS EMISSION REDUCTION UNITS PRICE EMISSION REDUCTIONS GREENHOUSE GAS CARBON LEAKAGE EMISSION REDUCTION COMMITMENT AUCTION REVENUES POWER GENERATION NATIONAL CLIMATE CHANGE POLICY PRICE VOLATILITY CAPACITY GHG BASELINE CLIMATE CHANGE POLICY GLOBAL WARMING FREE ALLOCATION CONVENTION ON CLIMATE CHANGE FINANCIAL INSTITUTIONS NET EMISSIONS CARBON TAXES MARKETS CARBON ECONOMY FINANCIAL FLOWS EMISSIONS MITIGATION EMISSION TRADING GAS EMISSIONS CHEMISTRY PRECIPITATION METALS CARBON FINANCE FUELS UNEP FINANCE ALLOWANCE PRICE CARBON EMISSIONS INVESTMENT DECISIONS EMISSION GREENHOUSE TROPICAL CYCLONE LEAD CLIMATE-CHANGE CHEMICALS POLICIES CLIMATE CHANGE IPCC MEMBER STATES DROUGHT GREENHOUSE GAS REDUCTION UTILITIES VALUE POLICY MAKERS CLEAN DEVELOPMENT CLIMATE DEMAND CLEAN POWER COLORS CARBON PRICE FOSSIL FUEL AVERAGE PRICE CLEAN DEVELOPMENT MECHANISM GLOBAL EMISSIONS ENVIRONMENT MARKET ENERGY PORTFOLIO OFFSET CREDITS POLICY ALLOWANCES ENERGY EFFICIENCY INVESTMENT STRATEGIES CARBON PRICES INTERNATIONAL CREDITS ENVIRONMENTAL PROTECTION AGENCY GREENHOUSE GAS REDUCTION TARGET GREENHOUSE GAS INITIATIVE CERTIFICATE TRADING ALLOCATION SUPPLY FUEL CARBON MARKET LOW-CARBON FINANCIAL SUPPORT INVESTMENTS RISK MANAGEMENT METHANE OFFSETS RENEWABLE ENERGY CARBON TAX EXTREME PRECIPITATION FRAMEWORK CONVENTION ON CLIMATE CHANGE PRICES VERIFICATION PROCESS ENERGY Significant progress in carbon pricing has been made over the last ten years. In 2015, about 40 national and over 20 subnational jurisdictions, representing almost a quarter of global greenhouse gas emissions (GHG), are putting a price on carbon. Together, the carbon pricing instruments in these jurisdictions cover about half of their emissions, which translates into approximately 7 GtCO2e or about 12 percent of annual global GHG emissions. This figure represents a threefold increase over the past decade. The total value of the emissions trading schemes (ETSs) reported in the State and Trends of Carbon Pricing 2014 report was about US$30 billion (US$32 billion to be precise). Despite the repeal of Australia’s Carbon Pricing Mechanism in July 2014, and mainly due to the launch of the Korean ETS and the expansion of GHG emissions coverage in the California and Quebec ETSs, the value of global ETSs as of April 1, 2015 increased slightly to about US$34 billion. In addition, carbon taxes around the world, valued for the first time in this report, are about US$14 billion. Combined, the value of the carbon pricing mechanism globally in 2015 is estimated to be just under US$50 billion. 2015-06-01T22:00:25Z 2015-06-01T22:00:25Z 2015-05-26 Brief http://documents.worldbank.org/curated/en/2015/05/24528977/carbon-pricing-watch-2015-advance-brief-state-trends-carbon-pricing-2015-report-released-late-2015 http://hdl.handle.net/10986/21986 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Brief |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
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English en_US |
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AUCTION WASTE ALLOWANCE ENVIRONMENTAL PROTECTION TEMPERATURE FERROUS METALS FOSSIL FUELS GREENHOUSE GAS EMISSIONS INTERNATIONAL CREDIT EMISSIONS QUOTAS EXTREME HEAT CARBON BUILDING MATERIALS EMISSION LEVEL CARBON FUND FINANCIAL RESOURCES EMISSIONS REVENUES CARBON MARKETS PORTFOLIO AUCTION REVENUE CARBON PRICING EMISSION REDUCTION GLOBAL GREENHOUSE GAS EMISSION REDUCTION UNITS PRICE EMISSION REDUCTIONS GREENHOUSE GAS CARBON LEAKAGE EMISSION REDUCTION COMMITMENT AUCTION REVENUES POWER GENERATION NATIONAL CLIMATE CHANGE POLICY PRICE VOLATILITY CAPACITY GHG BASELINE CLIMATE CHANGE POLICY GLOBAL WARMING FREE ALLOCATION CONVENTION ON CLIMATE CHANGE FINANCIAL INSTITUTIONS NET EMISSIONS CARBON TAXES MARKETS CARBON ECONOMY FINANCIAL FLOWS EMISSIONS MITIGATION EMISSION TRADING GAS EMISSIONS CHEMISTRY PRECIPITATION METALS CARBON FINANCE FUELS UNEP FINANCE ALLOWANCE PRICE CARBON EMISSIONS INVESTMENT DECISIONS EMISSION GREENHOUSE TROPICAL CYCLONE LEAD CLIMATE-CHANGE CHEMICALS POLICIES CLIMATE CHANGE IPCC MEMBER STATES DROUGHT GREENHOUSE GAS REDUCTION UTILITIES VALUE POLICY MAKERS CLEAN DEVELOPMENT CLIMATE DEMAND CLEAN POWER COLORS CARBON PRICE FOSSIL FUEL AVERAGE PRICE CLEAN DEVELOPMENT MECHANISM GLOBAL EMISSIONS ENVIRONMENT MARKET ENERGY PORTFOLIO OFFSET CREDITS POLICY ALLOWANCES ENERGY EFFICIENCY INVESTMENT STRATEGIES CARBON PRICES INTERNATIONAL CREDITS ENVIRONMENTAL PROTECTION AGENCY GREENHOUSE GAS REDUCTION TARGET GREENHOUSE GAS INITIATIVE CERTIFICATE TRADING ALLOCATION SUPPLY FUEL CARBON MARKET LOW-CARBON FINANCIAL SUPPORT INVESTMENTS RISK MANAGEMENT METHANE OFFSETS RENEWABLE ENERGY CARBON TAX EXTREME PRECIPITATION FRAMEWORK CONVENTION ON CLIMATE CHANGE PRICES VERIFICATION PROCESS ENERGY |
| spellingShingle |
AUCTION WASTE ALLOWANCE ENVIRONMENTAL PROTECTION TEMPERATURE FERROUS METALS FOSSIL FUELS GREENHOUSE GAS EMISSIONS INTERNATIONAL CREDIT EMISSIONS QUOTAS EXTREME HEAT CARBON BUILDING MATERIALS EMISSION LEVEL CARBON FUND FINANCIAL RESOURCES EMISSIONS REVENUES CARBON MARKETS PORTFOLIO AUCTION REVENUE CARBON PRICING EMISSION REDUCTION GLOBAL GREENHOUSE GAS EMISSION REDUCTION UNITS PRICE EMISSION REDUCTIONS GREENHOUSE GAS CARBON LEAKAGE EMISSION REDUCTION COMMITMENT AUCTION REVENUES POWER GENERATION NATIONAL CLIMATE CHANGE POLICY PRICE VOLATILITY CAPACITY GHG BASELINE CLIMATE CHANGE POLICY GLOBAL WARMING FREE ALLOCATION CONVENTION ON CLIMATE CHANGE FINANCIAL INSTITUTIONS NET EMISSIONS CARBON TAXES MARKETS CARBON ECONOMY FINANCIAL FLOWS EMISSIONS MITIGATION EMISSION TRADING GAS EMISSIONS CHEMISTRY PRECIPITATION METALS CARBON FINANCE FUELS UNEP FINANCE ALLOWANCE PRICE CARBON EMISSIONS INVESTMENT DECISIONS EMISSION GREENHOUSE TROPICAL CYCLONE LEAD CLIMATE-CHANGE CHEMICALS POLICIES CLIMATE CHANGE IPCC MEMBER STATES DROUGHT GREENHOUSE GAS REDUCTION UTILITIES VALUE POLICY MAKERS CLEAN DEVELOPMENT CLIMATE DEMAND CLEAN POWER COLORS CARBON PRICE FOSSIL FUEL AVERAGE PRICE CLEAN DEVELOPMENT MECHANISM GLOBAL EMISSIONS ENVIRONMENT MARKET ENERGY PORTFOLIO OFFSET CREDITS POLICY ALLOWANCES ENERGY EFFICIENCY INVESTMENT STRATEGIES CARBON PRICES INTERNATIONAL CREDITS ENVIRONMENTAL PROTECTION AGENCY GREENHOUSE GAS REDUCTION TARGET GREENHOUSE GAS INITIATIVE CERTIFICATE TRADING ALLOCATION SUPPLY FUEL CARBON MARKET LOW-CARBON FINANCIAL SUPPORT INVESTMENTS RISK MANAGEMENT METHANE OFFSETS RENEWABLE ENERGY CARBON TAX EXTREME PRECIPITATION FRAMEWORK CONVENTION ON CLIMATE CHANGE PRICES VERIFICATION PROCESS ENERGY Kossoy, Alexandre Peszko, Grzegorz Oppermann, Klaus Prytz, Nicolai Gilbert, Alyssa Klein, Noemie Lam, Long Wong, Lindee Carbon Pricing Watch 2015 |
| description |
Significant progress in carbon pricing
has been made over the last ten years. In 2015, about 40
national and over 20 subnational jurisdictions, representing
almost a quarter of global greenhouse gas emissions (GHG),
are putting a price on carbon. Together, the carbon pricing
instruments in these jurisdictions cover about half of their
emissions, which translates into approximately 7 GtCO2e or
about 12 percent of annual global GHG emissions. This figure
represents a threefold increase over the past decade. The
total value of the emissions trading schemes (ETSs) reported
in the State and Trends of Carbon Pricing 2014 report was
about US$30 billion (US$32 billion to be precise). Despite
the repeal of Australia’s Carbon Pricing Mechanism in July
2014, and mainly due to the launch of the Korean ETS and the
expansion of GHG emissions coverage in the California and
Quebec ETSs, the value of global ETSs as of April 1, 2015
increased slightly to about US$34 billion. In addition,
carbon taxes around the world, valued for the first time in
this report, are about US$14 billion. Combined, the value of
the carbon pricing mechanism globally in 2015 is estimated
to be just under US$50 billion. |
| format |
Brief |
| author |
Kossoy, Alexandre Peszko, Grzegorz Oppermann, Klaus Prytz, Nicolai Gilbert, Alyssa Klein, Noemie Lam, Long Wong, Lindee |
| author_facet |
Kossoy, Alexandre Peszko, Grzegorz Oppermann, Klaus Prytz, Nicolai Gilbert, Alyssa Klein, Noemie Lam, Long Wong, Lindee |
| author_sort |
Kossoy, Alexandre |
| title |
Carbon Pricing Watch 2015 |
| title_short |
Carbon Pricing Watch 2015 |
| title_full |
Carbon Pricing Watch 2015 |
| title_fullStr |
Carbon Pricing Watch 2015 |
| title_full_unstemmed |
Carbon Pricing Watch 2015 |
| title_sort |
carbon pricing watch 2015 |
| publisher |
World Bank, Washington, DC |
| publishDate |
2015 |
| url |
http://documents.worldbank.org/curated/en/2015/05/24528977/carbon-pricing-watch-2015-advance-brief-state-trends-carbon-pricing-2015-report-released-late-2015 http://hdl.handle.net/10986/21986 |
| _version_ |
1764449841910382592 |