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Carbon prices across countries

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With country-specific development objectives and constraints, multiple market failures and limited international transfers, carbon prices do not need to be uniform across countries, but must be part of broader policy packages.

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Fig. 1: Carbon pricing with and without complementary policies to trigger a transition towards deep decarbonization in Canada.
Fig. 2: Carbon prices in two Indian DDPP scenarios.

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Authors and Affiliations

  1. Institute for Sustainable Development and International Relations, Paris, France

    Chris Bataille & Henri Waisman

  2. School of Resource and Environmental Management, Faculty of the Environment, Simon Fraser University, Burnaby, British Columbia, Canada

    Chris Bataille

  3. Centre International de Recherche sur l’Environnement et le Développement (CIRED), Ecole des Ponts ParisTech, Nogent-sur-Marne, France

    Céline Guivarch

  4. Climate Change Group, World Bank, Washington, DC, USA

    Stephane Hallegatte

  5. Grantham Institute, Imperial College London, London, UK

    Joeri Rogelj

  6. Energy Program, International Institute for Applied Systems Analysis (IIASA), Laxenburg, Austria

    Joeri Rogelj

  7. Institute for Atmospheric and Climate Science, ETH Zurich, Zurich, Switzerland

    Joeri Rogelj

  8. Environmental Change Institute, School of Geography and the Environment, University of Oxford, Oxford, UK

    Joeri Rogelj

Authors
  1. Chris Bataille
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  2. Céline Guivarch
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  3. Stephane Hallegatte
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  4. Joeri Rogelj
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  5. Henri Waisman
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Corresponding author

Correspondence to Stephane Hallegatte.

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Bataille, C., Guivarch, C., Hallegatte, S. et al. Carbon prices across countries. Nature Clim Change 8, 648–650 (2018). https://doi.org/10.1038/s41558-018-0239-1

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