Instrument Detail

State and Trends of Carbon Pricing Dashboard

The State and Trends of Carbon Pricing Dashboard is an interactive online tool aimed at policymakers, businesses, and researchers. It provides the latest information on existing and emerging direct carbon pricing initiatives around the world.
89
National 50
Subnational 39
Jurisdictions with compliance instruments
75
ETSs 36
Carbon taxes 39
Instruments implemented
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Carbon pricing instruments are considered: "Implemented" once they have been formally adopted through legislation and compliance obligations are in force and enforced; "Under development" if the government is actively working towards the implementation of a specific carbon pricing instrument, a mandate may have been established, but regulated entities do not yet face compliance obligations, and this has been formally confirmed by official government sources; or "Under consideration" if the government has announced its intention to work towards the implementation of a carbon pricing instrument and this has been formally confirmed by official government sources. An "Abolished" instrument is one that has previously met the definition of "Implemented" but is no longer in place. *The UK left the EU ETS but electricity generators in Northern Ireland are still subject to obligations.

1990
2024

Details of compliance carbon pricing instruments

Compare and sort ETSs and Carbon taxes based on a range of design features. Filters applied to the table are also displayed in the map above.

Unique IDInstrument nameTypeStatusStart dateEnd dateScopeJurisdictionRegionCountry income groupMain price rateShare of jurisdiction's GHG emissions coveredGovernment revenueCovered gasesSectorsPoint of RegulationAllocation approachesPrice or market management approachesOffsets permitted?Banking/borrowingCoverage threshold
Tax_FI
Finland carbon tax
Carbon tax
Implemented
1990
National
Finland
Europe & Central Asia
High income
US$99.99 (€93.02)
0.45
US$1,734 million (2022) (€1,569 million)
CO2
Upstream
Set price,
Not permitted
Nil
Tax_PL
Poland carbon tax
Carbon tax
Implemented
1990
National
Poland
Europe & Central Asia
High income
Not available
0.24
US$7 million (2022) (PLZ28 million)
All
Point source
Set price,
Not permitted
PLN800
Tax_NO
Norway carbon tax
Carbon tax
Implemented
1991
National
Norway
Europe & Central Asia
High income
US$107.78 (NOK1,174)
0.65
US$2,157 million (2022) (NOK18,863 million)
CO2, CH4, HFCs, PFCs
Upstream
Set price,
Not permitted
Not available
Tax_SE
Sweden carbon tax
Carbon tax
Implemented
1991
National
Sweden
Europe & Central Asia
High income
US$127.26 (SEK1,368.30)
0.4
US$2,342 million (2022) (kr22,000 million)
CO2
Upstream
Set price,
Not permitted
Nil
Tax_DK
Denmark carbon tax
Carbon tax
Implemented
1992
National
Denmark
Europe & Central Asia
High income
US$28.21 (DKR195.70)
0.48
US$468 million (2022) (DKR3,149 million)
All
Combination
Set price,
Not permitted
Nil
Tax_LT
Latvia carbon tax
Carbon tax
Implemented
2004
National
Latvia
Europe & Central Asia
High income
US$16.12 (€15)
0.02
US$8 million (2022) (€8 million)
CO2
Upstream
Set price,
Not permitted
Nil
Tax_SL
Slovenia Carbon tax
Carbon tax
Implemented
1996
National
Slovenia
Europe & Central Asia
High income
US$18.60 (€17.30)
0.457
US$85 million (2022) (€77 million)
CO2
Upstream
Not permitted
Tax_EE
Estonia carbon tax
Carbon tax
Implemented
2000
National
Estonia
Europe & Central Asia
High income
US$2.15 (€2)
0.1
US$2 million (2022) (€2 million)
CO2
Point source
Set price,
Not permitted
Not available
ETS_EU
EU ETS
ETS
Implemented
2005
Regional
EU 27 (excl. UK)
Europe and Central Asia
High income
US$61.30 (€57.03)
0.38
US$42,838 million (2022) (€38,760 million)
CO2, N2O, PFCs
Point source
Free allocation, Auctions,
Stability reserve
Not permitted
Banking
20 MW
ETS_CA_Alberta
Alberta TIER
ETS
Implemented
2007
Subnational (State/Province)
Alberta (Canada)
North America
High income
US$58.95 (CAN$80)
0.62
US$476 million (2022) (CAN$596 million)
All
Point Source
Price floor or ceiling,
Yes, with quantitative limit
None
100,000 tCO2-e
ETS_CH
Switzerland ETS
ETS
Implemented
2008
National
Switzerland
Europe & Central Asia
High income
US$59.17 (€55.05)
0.12
US$47 million (2022) (Sfr43 million)
All
Point Source
Free allocation, Auctions,
Stability reserve
Not permitted
Banking
20 MW
ETS_NZ
New Zealand ETS
ETS
Implemented
2008
National
New Zealand
East Asia & Pacific
High income
US$35.11 (NZ$59)
0.48
US$1,406 million (2022) (NZ$2,031 million)
All
Combination
Free allocation, Auctions,
Price floor or ceiling,
Not permitted
Banking
25,000 tCO2-e
Tax_CH
Switzerland carbon tax
Carbon tax
Implemented
2008
National
Switzerland
Europe & Central Asia
High income
US$132.12 (Sfr120)
0.35
US$1,617 million (2022) (Sfr1,494 million)
CO2
Upstream
Set price, Rebates,
Yes, with quantitative limit
Not available
Tax_CA_BC
BC carbon tax
Carbon tax
Implemented
2008
Subnational (State/Province)
British Columbia (Canada)
North America
High income
US$58.95 (CAN$80)
0.8
US$1,757 million (2022) (CAN$2,199 million)
CO2, CH4, N2O, HFCs, SF6, PFCs
Upstream
Set price,
Set price
Yes, under the new B.C. OBPS, industrial facilities who have a compliance obligation may use B.C. verified offsets to satisfy a portion of their overall obligation.
Under the B.C. OBPS, offsets have an expiry limit of three years from date of issue. Earned credits can be banked and do not have an expiry limit
ETS_RGGI
RGGI
ETS
Implemented
2009
Subnational (State/Province)
RGGI (United States)
North America
High income
US$17.64 (US$17.64)
0.14
US$1,194 million (2022) (US$1,194 million)
CO2
Point Source
Auctions,
Price floor or ceiling, Stability reserve
Yes, with quantitative limit
Banking
25 MW
Tax_IS
Iceland carbon tax
Carbon tax
Implemented
2010
National
Iceland
Europe & Central Asia
High income
US$36.51 (ISK5,098)
0.36
US$55 million (2022) (ISK7,050 million)
CO2, HFCs, PFCs
Upstream
Set price,
Not permitted
Nil
ETS_JP_Tokyo
Tokyo CaT
ETS
Implemented
2010
Subnational (City)
Tokyo (Japan)
East Asia & Pacific
High income
US$36.92 (JPY5,600)
0.18
US$0 million (2022) (JPY0 million)
CO2
Downstream
Free allocation,
Yes, with quantitative limit
Banking
1,500kL of crude oil
Tax_IE
Ireland carbon tax
Carbon tax
Implemented
2010
National
Ireland
Europe & Central Asia
High income
US$60.19 (€56)
0.34
US$874 million (2022) (€791 million)
CO2
Upstream
Set price,
Not permitted
Nil
ETS_JP_Saitama
Saitama ETS
ETS
Implemented
2011
Subnational (City)
Saitama (Japan)
East Asia & Pacific
High income
US$0.95 (JPY144)
0.18
US$0 million (2022) (JPY0 million)
CO2
Downstream
Free allocation,
Yes, with quantitative limit
Banking
1,500kL of crude oil
ETS_US_California
California CaT
ETS
Implemented
2012
Subnational (State/Province)
California (United States)
North America
High income
US$38.59 (US$38.59)
0.76
US$4,027 million (2022) (US$4,027 million)
All
Combination
Free allocation, Auctions,
Stability reserve
Yes, with quantitative limit
Banking
25,000 tCO2-e
Tax_JP
Japan carbon tax
Carbon tax
Implemented
2012
National
Japan
East Asia & Pacific
High income
US$1.91 (JPY289)
0.8
US$1,800 million (2022) (JPY220,000 million)
All
Upstream
Set price,
Not permitted
Not applicable
Nil
ETS_CA_Quebec
Quebec CaT
ETS
Implemented
2013
Subnational (State/Province)
Quebec (Canada)
North America
High income
US$38.59 (US$38.59)
0.785
US$1,069 million (2022) (CAN$1,338 million)
All
Combination
Free allocation, Auctions,
Stability reserve
Yes, with quantitative limit
Banking
25,000 tCO2-e
ETS_KZ
Kazakhstan ETS
ETS
Implemented
2013
National
Kazakhstan
Europe & Central Asia
Upper middle income
US$1.06 (KZT473)
0.47
US$0 million (2022) (KZT0 million)
CO2
Point source
Free allocation,
Yes, unlimited
Banking
20,000 tCO2-e
Tax_UK
UK Carbon Price Support
Carbon tax
Implemented
2013
National
United Kingdom
Europe & Central Asia
High income
US$22.62 (£18)
0.13
US$927 million (2022) (£706 million)
CO2
Point source
Set price,
Not permitted
Not available
ETS_CN_Shenzhen
Shenzhen pilot ETS
ETS
Implemented
2013
Subnational (City)
Shenzhen (China)
East Asia & Pacific
Upper middle income
US$8.96 (RMB64.80)
0.3
US$4 million (2022) (RMB25 million)
CO2
Combination
Free allocation, Auctions,
Stability reserve
Yes, with quantitative limit
Banking
3,000 tCO2-e
ETS_CN_Shanghai
Shanghai pilot ETS
ETS
Implemented
2013
Subnational (City)
Shanghai (China)
East Asia & Pacific
Upper middle income
US$10.06 (RMB72.80)
0.36
US$22 million (2022) (RMB141 million)
CO2
Combination
Free allocation, Auctions,
Stability reserve
Yes, with quantitative limit
Banking
10,000 tCO2-e to 100,000 tCO2-e
ETS_CN_Beijing
Beijing pilot ETS
ETS
Implemented
2013
Subnational (City)
Beijing (China)
East Asia & Pacific
Upper middle income
US$14.51 (RMB105)
0.24
US$18 million (2022) (RMB113 million)
CO2
Combination
Free allocation, Auctions,
Price floor or ceiling, Stability reserve
Yes, with quantitative limit
Banking
5,000 tCO2-e
ETS_CN_Guangdong
Guangdong pilot ETS
ETS
Implemented
2013
Subnational (State/Province)
Guangdong (except Shenzhen) (China)
East Asia & Pacific
Upper middle income
US$8.94 (RMB64.68)
0.4
US$128 million (2022) (RMB816 million)
CO2
Combination
Free allocation, Auctions,
Price floor or ceiling, Stability reserve
Yes, with quantitative limit
Banking
10,000 tCO2-e
ETS_CN_Tianjin
Tianjin pilot ETS
ETS
Implemented
2013
Subnational (City)
Tianjin (China)
East Asia & Pacific
Upper middle income
US$4.71 (RMB34.07)
0.35
US$13 million (2022) (RMB85 million)
CO2
Combination
Free allocation, Auctions,
Stability reserve
Yes, with quantitative limit
Banking
20,000 tCO2-e
Tax_FR
France carbon tax
Carbon tax
Implemented
2014
National
France
Europe & Central Asia
High income
US$47.94 (€44.60)
0.4
US$8,400 million (2022) (€7,600 million)
CO2
Upstream
Set price,
Not permitted
Nil
Tax_MX
Mexico carbon tax
Carbon tax
Implemented
2014
National
Mexico
Latin America & Caribbean
Upper middle income
US$4.31 (MXN71.33)
0.29
US$217 million (2022) (MXN4,306 million)
CO2
Upstream
Set price,
Yes, unlimited
Nil
ETS_CN_Hubei
Hubei pilot ETS
ETS
Implemented
2014
Subnational (State/Province)
Hubei (China)
East Asia & Pacific
Upper middle income
US$5.62 (RMB40.65)
0.27
US$14 million (2022) (RMB87 million)
CO2
Combination
Free allocation, Auctions,
Stability reserve
Yes, with quantitative limit
Banking
10,000 tce
ETS_CN_Chongqing
Chongqing pilot ETS
ETS
Implemented
2014
Subnational (City)
Chongqing (China)
East Asia & Pacific
Upper middle income
US$5.99 (RMB43.33)
0.51
US$13 million (2022) (RMB80 million)
All
Combination
Free allocation, Auctions,
Yes, with quantitative limit
Banking
13,000 tCO2-e
ETS_KR
Korea ETS
ETS
Implemented
2015
National
Korea, Rep.
East Asia & Pacific
High income
US$6.30 (KRW8,490)
0.89
US$262 million (2022) (KRW317,100 million)
All
Combination
Free allocation, Auctions,
Stability reserve
Yes, with quantitative limit
Banking, Borrowing
25,000 tCO2-e
Tax_PT
Portugal carbon tax
Carbon tax
Implemented
2015
National
Portugal
Europe & Central Asia
High income
Not available
0.4
US$495 million (2022) (€448 million)
CO2
Upstream
Set price, Rebates,
Not permitted
Nil
ETS_CA_BC
BC OBPS
ETS
Implemented
2016
Subnational (State/Province)
British Columbia (Canada)
North America
High income
US$58.95 (CAN$80)
0
Not available
    No covered sectors
    Point Source
    Auctions,
    Yes, unlimited
    Banking
    ETS_AU2
    Australia Safeguard Mechanism
    ETS
    Implemented
    2023
    National
    Australia
    East Asia & Pacific
    High income
    US$21.90 (A$33.75)
    0.26
    US$0 million (2022) (A$0 million)
    CO2, CH4, N2O, HFCs, SF6, PFCs, Other
    Yes, unlimited
    Tax_ZA
    South Africa carbon tax
    Carbon tax
    Implemented
    2019
    National
    South Africa
    Sub-Saharan Africa
    Upper middle income
    US$10.09 (R190)
    0.82
    US$115 million (2022) (R1,689 million)
    All
    Point source
    Set price,
    Set price
    Yes, with quantitative limit
    10MW(th) capacity for fuel combustion emissions from electricity and heat generation. (see 2020 Tax Laws Amendment Act for thresholds applicable to activities)
    Tax_CL
    Chile carbon tax
    Carbon tax
    Implemented
    2017
    National
    Chile
    Latin America & Caribbean
    High income
    US$5 (US$5)
    0.55
    US$0 million (2022) (CLP0 million)
    CO2
    Downstream
    Set price,
    Yes, unlimited
    25,000 tCO2-e
    Tax_CO
    Colombia carbon tax
    Carbon tax
    Implemented
    2017
    National
    Colombia
    Latin America & Caribbean
    Upper middle income
    US$6.68 (COP25,800)
    0.2
    US$113 million (2022) (COP423,904 million)
    All
    Upstream
    Set price,
    Yes, unlimited
    Nil
    Tax_UA
    Ukraine carbon tax
    Carbon tax
    Implemented
    2011
    National
    Ukraine
    Europe & Central Asia
    Lower middle income
    US$0.77 (UAH30)
    0.32
    US$113 million (2022) (UAH3,300 million)
    CO2
    Point source
    Set price,
    Not permitted
    500 tCO2
    Tax_LI
    Liechtenstein carbon tax
    Carbon tax
    Implemented
    2008
    National
    Liechtenstein
    Europe & Central Asia
    High income
    US$132.12 (Sfr120)
    0.72
    US$5 million (2022) (Sfr5 million)
    CO2
    Upstream
    Set price,
    Yes, with quantitative limit
    Not available
    ETS_US_Washington
    Washington CCA
    ETS
    Implemented
    2023
    Subnational (State/Province)
    Washington (United States)
    North America
    High income
    US$25.75 (US$25.75)
    0.7
    US$0 million (2022) (US$0 million)
    All
    Combination
    Free allocation, Auctions,
    Price floor or ceiling, Stability reserve
    Yes, with quantitative limit
    Banking
    25,000 tCO2-e
    ETS_CN_Fujian
    Fujian pilot ETS
    ETS
    Implemented
    2016
    Subnational (State/Province)
    Fujian (China)
    East Asia & Pacific
    Upper middle income
    US$3.75 (RMB27.11)
    0.51
    US$0 million (2022) (RMB1 million)
    CO2
    Combination
    Free allocation, Auctions,
    Stability reserve
    Yes, with quantitative limit
    Banking
    5,000 tce (~13,000 tCO2-e)
    ETS_CA
    Canada federal OBPS
    ETS
    Implemented
    2019
    National
    Canada
    North America
    High income
    US$58.95 (CAN$80)
    0.01
    US$93 million (2022) (CAN$116 million)
    All
    Combination
    Set price,
    Set price
    Not permitted
    None
    Tax_SG
    Singapore carbon tax
    Carbon tax
    Implemented
    2019
    National
    Singapore
    East Asia & Pacific
    High income
    US$18.48 (S$25)
    0.79
    US$146 million (2022) (S$198 million)
    All
    Point Source
    Set price,
    Not permitted
    Not applicable
    25,000 tCO2-e
    ETS_CN
    China national ETS
    ETS
    Implemented
    2021
    National
    China
    East Asia & Pacific
    Upper middle income
    US$12.57 (RMB90.97)
    0.318783486
    Not available
    CO2
    Point Source
    Auctions,
    Yes, with quantitative limit
    Borrowing
    26,000 tCO2-e
    ETS_MX
    Mexico pilot ETS
    ETS
    Implemented
    2020
    National
    Mexico
    Latin America & Caribbean
    Upper middle income
    Not available
    0.4
    US$0 million (2022) (MXN0 million)
    CO2
    Point source
    Free allocation,
    Yes, with quantitative limit
    Banking
    100,000 tCO2-e
    ETS_CA_NL
    Newfoundland and Labrador PSS
    ETS
    Implemented
    2019
    Subnational (State/Province)
    Newfoundland and Labrador (Canada)
    North America
    High income
    US$58.95 (CAN$80)
    0.38
    US$0 million (2022) (CAN$0 million)
    All
    Point Source
    Price floor or ceiling,
    Not permitted
    25,000 tCO2-e
    ETS_US_MA
    Massachusetts ETS
    ETS
    Implemented
    2018
    Subnational (State/Province)
    Massachusetts (United States)
    North America
    High income
    US$2.25 (US$2.25)
    0.09
    US$54 million (2022) (US$54 million)
    CO2
    Point Source
    Auctions,
    Price floor or ceiling,
    Not permitted
    Banking
    Tax_CA_NT
    Northwest Territories carbon tax
    Carbon tax
    Implemented
    2019
    Subnational (State/Province)
    Northwest Territories (Canada)
    North America
    High income
    US$58.95 (CAN$80)
    0.76
    US$35 million (2022) (CAN$44 million)
    CO2
    Upstream
    Set price, Rebates,
    Not permitted
    None
    ETS_CA_NS
    Nova Scotia OBPS
    ETS
    Implemented
    2019
    Subnational (State/Province)
    Nova Scotia (Canada)
    North America
    High income
    US$18.95 (CAN$25.72)
    0.87
    US$42 million (2022) (CAN$52 million)
      No covered sectors
      Tax_CA
      Canada federal fuel charge
      Carbon tax
      Implemented
      2019
      National
      Canada
      North America
      High income
      US$58.95 (CAN$80)
      0.31
      US$5,896 million (2022) (CAN$7,377 million)
      All
      Upstream
      Set price,
      Set price
      Not permitted
      None
      Tax_NL
      Netherlands carbon tax
      Carbon tax
      Implemented
      2021
      National
      Netherlands
      Europe & Central Asia
      High income
      US$71.48 (€66.50)
      0.45
      US$0 million (2022) (€0 million)
      CO2, N2O
      Point source
      Set price,
      Not permitted
      Tax_AR
      Argentina carbon tax
      Carbon tax
      Implemented
      2018
      National
      Argentina
      Latin America & Caribbean
      Upper middle income
      US$0.81 (ARS695.92)
      0.38
      US$314 million (2022) (ARS34,887 million)
      All
      Upstream
      Set price,
      Not permitted
      ETS_CA_SK
      Saskatchewan OBPS
      ETS
      Implemented
      2019
      Subnational (State/Province)
      Saskatchewan (Canada)
      North America
      High income
      US$58.95 (CAN$80)
      0.43
      US$0 million (2022) (CAN$0 million)
      All
      Point source
      Free allocation,
      Price floor or ceiling,
      Not permitted
      25,000 tCO2-e
      Tax_ES
      Spain carbon tax
      Carbon tax
      Implemented
      2014
      National
      Spain
      Europe & Central Asia
      High income
      US$16.12 (€15)
      0.019
      US$77 million (2022) (€70 million)
      HFCs, PFCs, SF6
      Upstream
      Set price,
      Not permitted
      ETS_CA_NB
      New Brunswick OBPS
      ETS
      Implemented
      2021
      Subnational (State/Province)
      New Brunswick (Canada)
      North America
      High income
      US$58.95 (CAN$80)
      0.52
      US$0 million (2022) (CAN$0 million)
        No covered sectors
        Point Source
        Price floor or ceiling,
        Not permitted
        50,000 tCO2-e
        ETS_CA_Ontario2
        Ontario EPS
        ETS
        Implemented
        2022
        Subnational (State/Province)
        Ontario (Canada)
        North America
        High income
        US$58.95 (CAN$80)
        0.26
        Not available
        All
        Point Source
        Price floor or ceiling,
        Not permitted
        50,000 tCO2-e
        ETS_ID
        Indonesia ETS
        ETS
        Implemented
        2023
        National
        Indonesia
        East Asia & Pacific
        Upper middle income
        US$0.61 (IDR9,754.20)
        0.26
        US$0 million (2022) (IDR0 million)
        ETS_DE
        Germany ETS
        ETS
        Implemented
        2021
        National
        Germany
        Europe & Central Asia
        High income
        US$48.37 (€45)
        0.39
        US$7,076 million (2022) (€6,403 million)
        CO2
        Upstream
        Set price,
        Set price
        Not permitted
        None
        Nil
        Tax_LU
        Luxembourg carbon tax
        Carbon tax
        Implemented
        2021
        National
        Luxembourg
        Europe & Central Asia
        High income
        US$49.91 (€46.43)
        0.72
        US$287 million (2022) (€260 million)
        CO2
        Upstream
        Set price,
        Not permitted
        ETS_MO
        Montenegro ETS
        ETS
        Implemented
        2022
        National
        Serbia and Montenegro
        #N/A
        #N/A
        US$25.80 (€24)
        0.429411765
        Not available
        CO2
        Point source
        Free allocation, Auctions,
        Stability reserve
        Not permitted
        Banking
        20 MW
        ETS_UK
        UK ETS
        ETS
        Implemented
        2021
        National
        United Kingdom
        Europe & Central Asia
        High income
        US$45.06 (£35.86)
        0.28
        US$8,061 million (2022) (£6,134 million)
        CO2, N2O, PFCs
        Point source
        Free allocation, Auctions,
        Stability reserve
        Not permitted
        Banking, Borrowing
        20 MW
        Tax_MX_ZA
        Zacatecas carbon tax
        Carbon tax
        Implemented
        2017
        National
        Mexico
        Latin America & Caribbean
        Upper middle income
        US$15.09 (MXN250)
        0.5
        US$28 million (2022) (MXN554 million)
        All
        Point source
        Set price,
        Not permitted
        ETS_AT
        Austria ETS
        ETS
        Implemented
        2022
        National
        Austria
        Europe & Central Asia
        High income
        US$48.37 (€45)
        0.403
        Not available
        All
        Upstream
        Set price,
        Set price
        Not permitted
        Tax_UY
        Uruguay CO2 tax
        Carbon tax
        Implemented
        2022
        National
        Uruguay
        Latin America & Caribbean
        High income
        US$167.17 (YUY6,373)
        0.045
        US$255 million (2022) (YUY10,482 million)
        All
        Upstream
        Set price,
        Not permitted
        Tax_CN_Taiwan
        Taiwan carbon fee
        Carbon tax
        Implemented
        2024
        Subnational (State/Province)
        Taiwan, China (China)
        East Asia & Pacific
        Upper middle income
        US$9.12 (RMB66)
        0.8
        US$0 million (2022) (RMB0 million)
        Tax_MX_Queretaro
        Queretaro carbon tax
        Carbon tax
        Implemented
        2022
        Subnational (State/Province)
        Queretaro (Mexico)
        Latin America & Caribbean
        Upper middle income
        US$36.70 (MXN607.99)
        0.18
        Not available
        All
        Point source
        Set price,
        Yes, with quantitative limit
        Tax_MX_State of Mexico
        State of Mexico carbon tax
        Carbon tax
        Implemented
        2022
        Subnational (State/Province)
        State of Mexico (Mexico)
        Latin America & Caribbean
        Upper middle income
        US$3.50 (MXN58)
        0.47
        Not available
        CO2, CH4, N2O
        Point source
        Set price,
        Tax_MX_Yucatan
        Yucatan carbon tax
        Carbon tax
        Implemented
        2022
        Subnational (State/Province)
        Yucatan (Mexico)
        Latin America & Caribbean
        Upper middle income
        US$17.69 (MXN293.14)
        0.322
        Not available
        All
        Point source
        Set price,
        Not permitted
        Tax_MX_Guanajuato
        Guanajuato carbon tax
        Carbon tax
        Implemented
        2023
        Subnational (State/Province)
        Guanajuato (Mexico)
        Latin America & Caribbean
        Upper middle income
        US$2.72 (MXN45)
        0.427
        US$0 million (2022) (MXN0 million)
        Tax_MX_Durango
        Durango carbon tax
        Carbon tax
        Implemented
        2024
        Subnational (State/Province)
        Durango (Mexico)
        Latin America & Caribbean
        Upper middle income
        US$6.04 (MXN100)
        N/A
        US$0 million (2022) (MXN0 million)
        Set price,
        Tax_HU
        Hungary Carbon tax
        Carbon tax
        Implemented
        2023
        National
        Hungary
        Europe & Central Asia
        High income
        US$38.70 (€36)
        0.323
        Not available
        Tax_AL
        Albania Carbon tax
        Carbon tax
        Implemented
        2008
        National
        Albania
        Europe & Central Asia
        Upper middle income
        US$13.11 (ALL1,255.20)
        0.73
        Not available
        ETS_CL
        Chile ETS
        ETS
        Under consideration
        TBC
        National
        Chile
        Latin America & Caribbean
        High income
          No covered sectors
          ETS_CO
          Colombia ETS
          ETS
          Under development
          TBC
          National
          Colombia
          Latin America & Caribbean
          Upper middle income
            No covered sectors
            ETS_JP
            Japan ETS
            ETS
            Under development
            TBC
            National
            Japan
            East Asia & Pacific
            High income
              No covered sectors
              ETS_TH
              Thailand ETS
              ETS
              Under consideration
              TBC
              National
              Thailand
              East Asia & Pacific
              Upper middle income
                No covered sectors
                ETS_TR
                Türkiye ETS
                ETS
                Under development
                TBC
                National
                Türkiye
                Europe & Central Asia
                Upper middle income
                  No covered sectors
                  ETS_UA
                  Ukraine ETS
                  ETS
                  Under development
                  TBC
                  National
                  Ukraine
                  Europe & Central Asia
                  Lower middle income
                    No covered sectors
                    ETS_US_Oregon
                    Oregon ETS
                    ETS
                    Under development
                    TBC
                    Subnational (State/Province)
                    Oregon (United States)
                    North America
                    High income
                    All
                    Upstream
                    Yes, with quantitative limit
                    Banking
                    100,000 tCO2-e
                    ETS_BR
                    Brazil ETS
                    ETS
                    Under development
                    TBC
                    National
                    Brazil
                    Latin America & Caribbean
                    Upper middle income
                      No covered sectors
                      ETS_CN_Taiwan
                      Taiwan, China ETS
                      ETS
                      Under consideration
                      TBC
                      Subnational (State/Province)
                      Taiwan, China (China)
                      East Asia & Pacific
                      Upper middle income
                        No covered sectors
                        ETS_VN
                        Viet Nam ETS
                        ETS
                        Under development
                        TBC
                        National
                        Viet Nam
                        East Asia & Pacific
                        Lower middle income
                        Tax_CAT
                        Catalonia Carbon tax
                        Carbon tax
                        Under development
                        TBC
                        Subnational (State/Province)
                        Catalonia (Spain)
                        Europe & Central Asia
                        High income
                          No covered sectors
                          Tax_CD
                          Côte d’Ivoire Carbon tax
                          Carbon tax
                          Under consideration
                          TBC
                          National
                          Côte d’Ivoire
                          Sub-Saharan Africa
                          Lower middle income
                            No covered sectors
                            Tax_SEN
                            Senegal Carbon tax
                            Carbon tax
                            Under consideration
                            TBC
                            National
                            Senegal
                            Sub-Saharan Africa
                            Lower middle income
                              No covered sectors
                              ETS_US_PE
                              Pennsylvania ETS
                              ETS
                              Under development
                              TBC
                              Subnational (State/Province)
                              Pennsylvania (United States)
                              North America
                              High income
                                No covered sectors
                                ETS_CA_Manitoba
                                Manitoba ETS
                                ETS
                                Under consideration
                                TBC
                                Subnational (State/Province)
                                Manitoba (Canada)
                                North America
                                High income
                                  No covered sectors
                                  Tax_CA_Manitoba
                                  Manitoba Carbon tax
                                  Carbon tax
                                  Under consideration
                                  TBC
                                  Subnational (State/Province)
                                  Manitoba (Canada)
                                  North America
                                  High income
                                    No covered sectors
                                    Tax_MX_JA
                                    Jalisco Carbon tax
                                    Carbon tax
                                    Under consideration
                                    TBC
                                    Subnational (State/Province)
                                    Jalisco (Mexico)
                                    Latin America & Caribbean
                                    Upper middle income
                                      No covered sectors
                                      Tax_BW
                                      Botswana Carbon tax
                                      Carbon tax
                                      Under consideration
                                      TBC
                                      National
                                      Botswana
                                      Sub-Saharan Africa
                                      Upper middle income
                                        No covered sectors
                                        UND_BN
                                        Brunei Darussalam Undecided
                                        Undecided
                                        Under consideration
                                        TBC
                                        National
                                        Brunei Darussalam
                                        East Asia & Pacific
                                        High income
                                          No covered sectors
                                          Tax_US_HI
                                          Hawaii Carbon tax
                                          Carbon tax
                                          Under consideration
                                          TBC
                                          Subnational (State/Province)
                                          Hawaii (United States)
                                          North America
                                          High income
                                            No covered sectors
                                            Tax_IN
                                            Indonesia Carbon tax
                                            Carbon tax
                                            Under consideration
                                            TBC
                                            National
                                            Indonesia
                                            East Asia & Pacific
                                            Upper middle income
                                            Tax_IL
                                            Israel Carbon tax
                                            Carbon tax
                                            Under consideration
                                            TBC
                                            National
                                            Israel
                                            Middle East & North Africa
                                            High income
                                              No covered sectors
                                              ETS_MY
                                              Malaysia ETS
                                              ETS
                                              Under consideration
                                              TBC
                                              National
                                              Malaysia
                                              East Asia & Pacific
                                              Upper middle income
                                                No covered sectors
                                                ETS_PK
                                                Pakistan ETS
                                                ETS
                                                Under consideration
                                                TBC
                                                National
                                                Pakistan
                                                South Asia
                                                Lower middle income
                                                  No covered sectors
                                                  ETS_RU_Sakhalin
                                                  Sakhalin ETS
                                                  ETS
                                                  Under development
                                                  TBC
                                                  Subnational (State/Province)
                                                  Sakhalin (Russian Federation)
                                                  Europe & Central Asia
                                                  Upper middle income
                                                    No covered sectors
                                                    Yes, unlimited
                                                    Tax_MA
                                                    Morocco Carbon tax
                                                    Carbon tax
                                                    Under consideration
                                                    TBC
                                                    National
                                                    Morocco
                                                    Middle East & North Africa
                                                    Lower middle income
                                                      No covered sectors
                                                      ETS_GA
                                                      Gabon ETS
                                                      ETS
                                                      Under consideration
                                                      TBC
                                                      National
                                                      Gabon
                                                      Sub-Saharan Africa
                                                      Upper middle income
                                                        No covered sectors
                                                        ETS_NG
                                                        Nigeria ETS
                                                        ETS
                                                        Under consideration
                                                        TBC
                                                        National
                                                        Nigeria
                                                        Sub-Saharan Africa
                                                        Lower middle income
                                                          No covered sectors
                                                          ETS_EU2
                                                          EU ETS2
                                                          ETS
                                                          Under development
                                                          TBC
                                                          Regional
                                                          EU 27 (excl. UK)
                                                          Europe and Central Asia
                                                          High income
                                                            No covered sectors
                                                            ETS_US_New York State
                                                            New York State ETS
                                                            ETS
                                                            Under development
                                                            TBC
                                                            Subnational (State/Province)
                                                            New York State (United States)
                                                            North America
                                                            High income
                                                              No covered sectors
                                                              ETS_IN
                                                              India ETS
                                                              ETS
                                                              Under development
                                                              TBC
                                                              National
                                                              India
                                                              South Asia
                                                              Lower middle income
                                                                No covered sectors
                                                                Tax_NZ
                                                                New Zealand Carbon tax
                                                                Carbon tax
                                                                Under consideration
                                                                TBC
                                                                National
                                                                New Zealand
                                                                East Asia & Pacific
                                                                High income
                                                                  No covered sectors
                                                                  Tax_US_HI
                                                                  Hawaii Carbon tax
                                                                  Carbon tax
                                                                  Under consideration
                                                                  TBC
                                                                  Subnational (State/Province)
                                                                  Hawaii (United States)
                                                                  North America
                                                                  High income
                                                                    No covered sectors
                                                                    Tax_BW
                                                                    Botswana Carbon tax
                                                                    Carbon tax
                                                                    Under consideration
                                                                    TBC
                                                                    National
                                                                    Botswana
                                                                    Sub-Saharan Africa
                                                                    Upper middle income
                                                                      No covered sectors
                                                                      Tax_CA_Manitoba
                                                                      Manitoba Carbon tax
                                                                      Carbon tax
                                                                      Under consideration
                                                                      TBC
                                                                      Subnational (State/Province)
                                                                      Manitoba (Canada)
                                                                      North America
                                                                      High income
                                                                        No covered sectors
                                                                        Tax_MX_SLP
                                                                        San Luis Potosí carbon tax
                                                                        Carbon tax
                                                                        Under development
                                                                        TBC
                                                                        Subnational (State/Province)
                                                                        San Luis Potosí (Mexico)
                                                                        Latin America & Caribbean
                                                                        Upper middle income
                                                                          No covered sectors
                                                                          ETS_AR
                                                                          Argentina  ETS
                                                                          ETS
                                                                          Under consideration
                                                                          TBC
                                                                          2022
                                                                          National
                                                                          Argentina
                                                                          Latin America & Caribbean
                                                                          Upper middle income
                                                                            No covered sectors
                                                                            ETS_CA2
                                                                            Canada ETS
                                                                            ETS
                                                                            Under development
                                                                            TBC
                                                                            2022
                                                                            National
                                                                            Canada
                                                                            North America
                                                                            High income
                                                                              No covered sectors
                                                                              ETS_US_Colorado
                                                                              Colorado ETS
                                                                              ETS
                                                                              Under development
                                                                              TBC
                                                                              Subnational (State/Province)
                                                                              Colorado (United States)
                                                                              North America
                                                                              High income
                                                                                No covered sectors
                                                                                Tax_MX_Colima
                                                                                Colima Carbon tax
                                                                                Carbon tax
                                                                                Under consideration
                                                                                TBC
                                                                                Subnational (State/Province)
                                                                                Colima (Mexico)
                                                                                Latin America & Caribbean
                                                                                Upper middle income
                                                                                  No covered sectors
                                                                                  ETS_US_Maryland
                                                                                  Maryland ETS
                                                                                  ETS
                                                                                  Under consideration
                                                                                  TBC
                                                                                  Subnational (State/Province)
                                                                                  Maryland (United States)
                                                                                  North America
                                                                                  High income
                                                                                    No covered sectors
                                                                                    UND_PH
                                                                                    Philippines Undecided
                                                                                    Undecided
                                                                                    Under consideration
                                                                                    TBC
                                                                                    National
                                                                                    Philippines
                                                                                    East Asia & Pacific
                                                                                    Lower middle income
                                                                                      No covered sectors
                                                                                      Tax_KE
                                                                                      Kenya Carbon tax
                                                                                      Carbon tax
                                                                                      Under consideration
                                                                                      TBC
                                                                                      National
                                                                                      Kenya
                                                                                      Sub-Saharan Africa
                                                                                      Lower middle income
                                                                                        No covered sectors
                                                                                        Tax_MR
                                                                                        Mauritania Carbon tax
                                                                                        Carbon tax
                                                                                        Under consideration
                                                                                        TBC
                                                                                        National
                                                                                        Mauritania
                                                                                        Sub-Saharan Africa
                                                                                        Lower middle income
                                                                                          No covered sectors
                                                                                          Tax_PY
                                                                                          Paraguay Carbon tax
                                                                                          Carbon tax
                                                                                          Under consideration
                                                                                          TBC
                                                                                          National
                                                                                          Paraguay
                                                                                          Latin America & Caribbean
                                                                                          Upper middle income
                                                                                            No covered sectors
                                                                                            Tax_CA_PE
                                                                                            Prince Edward Island Carbon tax
                                                                                            Carbon tax
                                                                                            Abolished
                                                                                            2019
                                                                                            2023
                                                                                            Subnational (State/Province)
                                                                                            Prince Edward Island (Canada)
                                                                                            North America
                                                                                            High income
                                                                                            US$36.95 (CAN$50) in 2023
                                                                                            All
                                                                                            Not permitted
                                                                                            Tax_CA_NL
                                                                                            Newfoundland and Labrador carbon tax
                                                                                            Carbon tax
                                                                                            Abolished
                                                                                            2019
                                                                                            2023
                                                                                            Subnational (State/Province)
                                                                                            Newfoundland and Labrador (Canada)
                                                                                            North America
                                                                                            High income
                                                                                            US$48.03 (CAN$65) in 2023
                                                                                            All
                                                                                            Not permitted
                                                                                            Tax_CA_NB
                                                                                            New Brunswick carbon tax
                                                                                            Carbon tax
                                                                                            Abolished
                                                                                            2020
                                                                                            2023
                                                                                            Subnational (State/Province)
                                                                                            New Brunswick (Canada)
                                                                                            North America
                                                                                            High income
                                                                                            US$48.03 (CAN$65) in 2023
                                                                                            All
                                                                                            Not permitted
                                                                                            Banking
                                                                                            0.8
                                                                                            Tax_MX_BC
                                                                                            Baja California carbon tax
                                                                                            Carbon tax
                                                                                            Abolished
                                                                                            2020
                                                                                            2021
                                                                                            Subnational (State/Province)
                                                                                            Baja California (Mexico)
                                                                                            Latin America & Caribbean
                                                                                            Upper middle income
                                                                                            US$8.32 (MXN170) in 2021
                                                                                            Tax_MX_TA
                                                                                            Tamaulipas carbon tax
                                                                                            Carbon tax
                                                                                            Abolished
                                                                                            2022
                                                                                            2023
                                                                                            Subnational (State/Province)
                                                                                            Tamaulipas (Mexico)
                                                                                            Latin America & Caribbean
                                                                                            Upper middle income
                                                                                            US$17.25 (MXN311.22) in 2023
                                                                                            ETS_AU1
                                                                                            Australia CPM
                                                                                            ETS
                                                                                            Abolished
                                                                                            2012
                                                                                            2014
                                                                                            National
                                                                                            Australia
                                                                                            East Asia & Pacific
                                                                                            High income
                                                                                            US$22.37 (A$24.15) in 2014
                                                                                            Tax_CA_Alberta
                                                                                            Alberta carbon tax
                                                                                            Carbon tax
                                                                                            Abolished
                                                                                            2017
                                                                                            2019
                                                                                            Subnational (State/Province)
                                                                                            Alberta (Canada)
                                                                                            North America
                                                                                            High income
                                                                                            US$22.49 (CAN$30) in 2019
                                                                                            ETS_CA_Ontario
                                                                                            Ontario CaT
                                                                                            ETS
                                                                                            Abolished
                                                                                            2017
                                                                                            2018
                                                                                            Subnational (State/Province)
                                                                                            Ontario (Canada)
                                                                                            North America
                                                                                            High income
                                                                                            US$11.70 (CAN$15.10) in 2018

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