What is the current price of carbon credits in the ETS? I am from the USA / am dumb, so don’t know how to find it
Also good read for everyone: https://www.gatesnotes.com/Energy/Introducing-the-Green-Prem...
Also good read for everyone: https://www.gatesnotes.com/Energy/Introducing-the-Green-Prem...
We are a bit behind in the US in credits or taxes, we are now treating the social cost at $51, but not using that for tax or trade policy.[1]
There's one more number that is useful to get a numerical sense of the costs: $258 / ton, an estimate of the actual cost to society. [2]
[0] https://carbonpricingdashboard.worldbank.org/map_data [1] https://www.scientificamerican.com/article/cost-of-carbon-po... [2] https://www.nature.com/articles/s41467-021-24487-w
Hopefully the US does this: https://news.climate.columbia.edu/2021/05/06/proposed-45q-ta...