The necessity of comprehensive carbon pricing is with the recent EU Council agreement on a 55% emission reduction by 2030, the ongoing revision of the ETS, the sustainable mobility, hydrogen and energy system integration strategies of the European Commission and not least many related political ambitions and developments at member state level more obvious then ever before.
Really interesting in this context is a global scale analysis of IEA and the World Bank that provides an integrated view on existing carbon pricing mechanisms, the share of emissions covered as well as the revenues collected by these mechanisms.

Apparently, the EU ETS is the largest in a sense of revenues collected but there are others in place which provide already much larger decarbonization incentives or include much larger shares of total emissions.
In consequence, many experiences out there to make use of while developing a truly comprehensive EU carbon pricing system.
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