Carbon prices across countries

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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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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