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OECD Releases Report on Effective Carbon Rates 2023

01 December 2023

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OECD

The OECD recently announced the release of a report on Effective Carbon Rates 2023, which presents data on taxes and tradeable permits for carbon emissions in 72 countries accounting for around 80% of global emissions. --- Fuel taxes less resilient than emission permit prices amid high inflation 27/11/2023 - Tax rates in the road transport sector decreased in a large majority of OECD and G20 countries between 2021 and 2023, due in part to government support and high inflation, eroding the carbon pricing signals designed to alter consumer behaviour and help countries meet climate change objectives, according to a new...