Carbon pricing moves in clusters: when is the right time to catch it?

The research identifies 66 carbon pricing policies globally, categorising adopting polities into five clusters: early adopters, North-American states and provinces, Chinese pilot provinces, second-wave developed polities, and second-wave developing polities. The authors conclude that there is no 'one-size-fits-all' approach to promoting carbon pricing, as different economic, political, and policy variables drive adoption across different clusters. However, they identify general facilitators, including economic crises, UNFCCC commitments, regional learning, and a preference for emissions trading in carbon-intensive economies.

• Carbon pricing is now a global mainstream policy instrument, with 66 policies (including taxes and emissions trading systems) adopted across diverse regions, income levels, and political systems.
• Polities adopting carbon pricing fall into five specific clusters: early adopters, North-American states and provinces, Chinese pilot provinces, second-wave developed polities, and second-wave developing polities.
• There is no universal set of variables that drive the adoption of carbon pricing across all cases; instead, each cluster is influenced by distinct combinations of economic, political, carbon-intensity, and policy diffusion variables.
• General factors that facilitate the promotion of carbon pricing include economic and fiscal crises, UNFCCC commitments, financial and technical assistance, and regional learning between polities.
• Economies with high carbon intensity generally prefer emissions trading systems over carbon taxes.

APA

Skovgaard, J., Ferrari, S. S., & Knaggård, Å. (2019). Carbon pricing moves in clusters: when is the right time to catch it? Climate Strategies. https://climatestrategies.org/carbon-pricing-moves-in-clusters-when-is-the-right-time-to-catch-it/

Chicago

Skovgaard, Jakob, Sofía Sacks Ferrari, and Åsa Knaggård. Carbon pricing moves in clusters: when is the right time to catch it? Climate Strategies, 2019. https://climatestrategies.org/carbon-pricing-moves-in-clusters-when-is-the-right-time-to-catch-it/.

Wikipedia

{{cite report |last1=Skovgaard |first1=Jakob |last2=Ferrari |first2=Sofía Sacks |last3=Knaggård |first3=Åsa |title=Carbon pricing moves in clusters: when is the right time to catch it? |publisher=Climate Strategies |date=16 September 2019 |url=https://climatestrategies.org/carbon-pricing-moves-in-clusters-when-is-the-right-time-to-catch-it/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{skovgaard2019carbon, author = {Skovgaard, Jakob and Ferrari, Sofía Sacks and Knaggård, Åsa}, title = {{Carbon pricing moves in clusters: when is the right time to catch it?}}, institution = {Climate Strategies}, year = {2019}, month = sep, url = {https://climatestrategies.org/carbon-pricing-moves-in-clusters-when-is-the-right-time-to-catch-it/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }