Global carbon emissions pricing raised record $104 bln in 2023
LONDON - Countries raised a record $104 billion last year by charging firms for emitting carbon dioxide, but prices remain too low to drive changes needed to meet Paris climate accord targets, the World Bank said in a report on Tuesday.
Several countries are using a price on carbon emissions to help meet their climate goals by making polluters pay in the form of a tax, or under an emissions trading (ETS), or cap-