In 2023, 55 percent of global industry and construction emissions were covered by a carbon pricing mechanism. Of this total, 42 percent were subject to emissions trading systems (ETSs), 11 percent to carbon taxes, and two percent to both mechanisms simultaneously. 42 percent of global heat and electricity production emissions were also covered by ETSs in 2023. Meanwhile, just eight and seven percent of building and transportation sector emissions were covered by ETSs, respectively. However, the EU ETS II will cover emissions from both these sectors when it becomes operational in 2027.
Share of greenhouse gas emissions covered by carbon pricing mechanisms worldwide in 2023, by sector and mechanism
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I4CE. (November 22, 2023). Share of greenhouse gas emissions covered by carbon pricing mechanisms worldwide in 2023, by sector and mechanism [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1474986/global-carbon-price-coverage-by-sector-and-mechanism/
I4CE. "Share of greenhouse gas emissions covered by carbon pricing mechanisms worldwide in 2023, by sector and mechanism." Chart. November 22, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1474986/global-carbon-price-coverage-by-sector-and-mechanism/
I4CE. (2023). Share of greenhouse gas emissions covered by carbon pricing mechanisms worldwide in 2023, by sector and mechanism. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1474986/global-carbon-price-coverage-by-sector-and-mechanism/
I4CE. "Share of Greenhouse Gas Emissions Covered by Carbon Pricing Mechanisms Worldwide in 2023, by Sector and Mechanism." Statista, Statista Inc., 22 Nov 2023, https://www.statista.com/statistics/1474986/global-carbon-price-coverage-by-sector-and-mechanism/
I4CE, Share of greenhouse gas emissions covered by carbon pricing mechanisms worldwide in 2023, by sector and mechanism Statista, https://www.statista.com/statistics/1474986/global-carbon-price-coverage-by-sector-and-mechanism/ (last visited November 21, 2024)
Share of greenhouse gas emissions covered by carbon pricing mechanisms worldwide in 2023, by sector and mechanism [Graph], I4CE, November 22, 2023. [Online]. Available: https://www.statista.com/statistics/1474986/global-carbon-price-coverage-by-sector-and-mechanism/