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November 4, 2022
Who pays the tax: carbon pricing by sector and country under alternative climate scenarios
Measures to limit global warming and address climate change are part of policy discussions happening around the globe. These policies can have broad implications for businesses, individuals, economies and the planet. Meeting the agreed-upon objectives of the Paris Agreement will require a significant shift in how countries approach climate change mitigation. This could include policies such as carbon pricing, border adjustments and other regulatory and tax measures.
To assist businesses in this effort, this November 2022 QUEST report examines the carbon price liability by sector and country under alternative climate scenarios. The scope of this analysis is the G20 and OECD countries, which together account more than 90% of world GDP, approximately 80% of world population and above 80% of world carbon emissions.
An EY publication provides details.