Pricing CO2
China's 2022 Carbon Market Prices. For China, divide by 6 (or, more recently - in early 2023, by 7) to get US $ per tonne.
EU Gets Landmark Deal to Strengthen and Expand Carbon Market 1222
European Union's 2021-22 Carbon Market Prices. €70 per ton of CO2 is about US$75.
$/Ton
2021-2025 Articles
Trump Nixes Social Cost of Carbon, Shifts Cost of Climate Change to Individuals 0225
Denmark to Tax Emissions from Farmers, in Pioneering Move 0624 - $43 / ton of CO2 equivalent
Hedge Fund Boss Says EU Carbon Price Has Much Further to Fall 0224
Remaking the US Pollution Fight, by Valuing Future Benefits 0523
In a 1st, Coal Company Agrees to Use Social Cost of Carbon 0323
Europe's CO2 Price Hits a Record €100 - 0223
The Tricky Business of Putting a Dollar Value on a Human Life 1222
Carbon Pricing Needs ‘Radical Redesign,’ Says Asset Owner Group 0622
As Climate Change Costs Mount, Biden Seeks to Price Damages 0222
Europe’s Carbon Prices Surge to Fresh Records on Tight Supply 0222
Economists Implore Biden to Get Social Cost of Carbon Number Right 0122 - The administration’s initial estimate, released last year—$62 per metric ton of CO2 by 2030—is way too low.
China's Carbon Market May Get Stricter Under a New Proposal 0122 - $9 to 10.25 / ton of CO2
Canada’s Biggest Emitters Are Paying the Lowest Carbon Tax Rate 0122 - $1.80 to $25.60 / ton of CO2
European Energy Prices Soar as a Deep Freeze Arrives 1221
Europe’s CO2 Price Has Almost Tripled in 2021 - 1221 - €80 / ton
Energy Crunch Drives Carbon Prices to Record as Europe Burns Coal 1121 - €71.21 per metric ton
EU CO2 Price Hits New Records, after Watchdog Finds No Market Abuse 1121
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Judge Scraps Red State Lawsuit over Biden Carbon Metric 0821 - preliminary number is $51 / ton of CO2, compared to $1 under Trump and $50 (final) under Obama
Shipping Now Faces the Highest Price on Carbon for Any Global Industry 0521 - nation with 3rd largest ship registry proposes $100/tonne of CO2 to start, rising to $300/tonne.
Biden Hikes Social Cost of Carbon, Changing How U.S. Tackles Global Warming 0221
Top Economists Warn U.S. Against Underestimating Climate Damage 0221 - Nobel laureate and former World Bank chief economist, author of 2006 Stern Review (of climate costs) for Chancellor of Exchequer
A Tale of 2 Carbon Prices to Shape Biden’s Climate Policy 0221 - social cost of carbon (damages) or number to reach e.g. net zero by given date
London Hedge Funds Are Betting a $100 Carbon Price Is Almost Here 0221
The Social Cost of Carbon Could Reshape Our Climate Future 0121
EU Price on CO2 Pollution Hits Record High in Early 2021 - 0121
2020 Articles and earlier
Carbon Pricing Rises as World's Weapon of Choice in Climate Fight 1120
Trump Administration Undervalues Cost of Carbon by 7x 1120
A New Metric to Figure Out the Most Effective Ways to Cut Carbon 1020
Do Renewable Portfolio Standards Deliver? 0519
From Ruined Bridges to Dirty Air, EPA Scientists Price the Cost of Climate Change 0419
Charge €30 a Tonne for CO2 to Avoid Catastrophic 4°C Warming 1018
Carbon Prices Are Too Low to Reduce Emissions 0918
New EPA Document Has Sharply Lower Estimate of Climate Change Cost 1017
GM, Disney, Shell 1,200 Other Companies Taking Steps to Fight Climate Change 0917 - They use, or plan to soon, internal carbon prices. Ones mentioned range from $5 to $40 / tonne of CO2.
Failure to Set Cost of Carbon Hampers Trump’s Effort to Expand Fossil Fuel Use 0817
World’s Young Face $535 Trillion Bill for Climate Change 0717
Sky-High Carbon Tax Needed to Avoid Climate Catastrophe, Say Expertsm 0517
What Does the Social Cost of Carbon Mean? 0417
Scientists Have a New Way to Calculate What Global Warming Costs 0117 - Disaggregate the effects and include omitted effects. Use declining discount rates.
Climate Change May Be Doubted by Some, but Now It’s the Law 0816 - US Appeals Court OKs “Social Cost of Carbon”.
RGGI Carbon Auction Prices Fall 40% on Clean Power Plan Uncertainty 0716
Tough to Keep the World From Warming When Carbon Is This Cheap 0716
Carbon Pricing Schemes Double since 2012 in Climate Fight - World Bank 0915
Enormous Social Cost of Cheap Coal 0915
Coal Renaissance Means Switching to Plan B - Carbon Pricing and CO2 Removal 0715
Inaction on Climate Change Would Cost Billions, Major EPA Study Finds 0615
Global CO2 Pricing Seen Unlikely to Be Big Part of Paris Climate Deal 0615
In Stunning Reversal, ‘Big Oil’ Asks for World Carbon Price 0615
Shadow carbon prices ($/ton of CO2 equivalent) by big oil companies in 2013 included $40 at BP and Shell, $60-80 (in 2030 & 2040) at ExxonMobil, $34 at France’s Total, and $6-45 at ConocoPhillips. I don’t know the numbers for Chevron, Italy's Eni, Norway’s Statoil, or Britain's BG Group.
Carbon Pricing Letter from Oil Giants 0615
Price on Carbon Is Key to Canada Tackling Global Warming, Say Researchers 0415
Limiting Climate Change Could Have Huge Economic Benefits 0315
Fossil Fuels Are Way More Expensive Than You Think 0315
Shell & BP Call for Carbon Price & Financiers Divest from Fossil Fuels 0215
Some oil companies use carbon prices of $60 and $80/ton as shadow prices in decision-making.
Social Cost of Carbon 6 Times Higher than Thought 0115 - cuts GNP growth, so next year starts from lower base
Oil Companies Quietly Prepare for a Future of Carbon Pricing 0914
Tax Carbon Emissions or Trade Them? Economists Dig into the Problem 0914
At Least 150 Companies Prep for Carbon Prices 0914
Government Auditors Say 'Social Cost of Carbon' Is by the Book 0814
Court Ruling May Reverberate on ‘Social Cost’ of Carbon 0714
Climate Costs 'May Prove Much Higher’ 0414
Costs of Climate Change Steep, But Tough to Tally 0314
Energy Taxes Are Misaligned with Environmental Impacts of Energy Use 0615 - Gasoline taxes loom large.
Prices are per tonne of CO2 equivalent.
Section Map: Carbon Pricing