OECD: Report on “effective carbon rates” and taxes | KPMG | GLOBAL
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OECD: Report on “effective carbon rates” and taxes

OECD: Report on “effective carbon rates” and taxes

The Organisation for Economic Cooperation and Development (OECD) today issued a release concerning “carbon pricing” and the “effective carbon rates” (or the sum of specific taxes on energy use, carbon taxes, and prices of tradable emissions permits) in specified regions.


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The OECD release notes that pricing CO2 through taxes and emissions trading systems presents new data on “effective carbon rates” on CO2-emissions for energy use across six economic sectors in 41 countries.  Across all sectors and countries, the average effective carbon rate is €14.4 per ton of CO2 of which 93.1% are excise taxes, 1.3% are carbon taxes, and 5.6% are emissions trading systems.

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