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Carbon Report Metric 10: A Carbon Price
Carbon Report Metric 10: A Carbon Price
Many countries already have a tax or emission trading scheme
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Written by Heather
Updated over a week ago

Many countries are already implementing a price on carbon for certain industries or for certain regions. According to Carbon Credit Capital, the current weighted carbon price is $34.99, which is up from around $20 near the end of 2020.

The the EU ETS, which had never consistently traded for more than €30 has now jumped up to more than €50 in May 2021.

Our list of prices in countries either in the form of a tax or a trading schemes comes from https://carbonpricingdashboard.worldbank.org/

To provide context we multiply this times the company's annual emissions and take this as a percent of enterprise value. This will be a regular part of the company's operational expenses and may be increasingly material for some industries.

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