{"id":46272,"date":"2019-08-02T00:01:29","date_gmt":"2019-08-01T23:01:29","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=publication&p=46272"},"modified":"2024-08-19T14:36:29","modified_gmt":"2024-08-19T13:36:29","slug":"global-lessons-for-the-uk-in-carbon-taxes","status":"publish","type":"publication","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/global-lessons-for-the-uk-in-carbon-taxes\/","title":{"rendered":"Global lessons for the UK in carbon taxes"},"content":{"rendered":"\n

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Carbon pricing is particularly topical in the UK right now: the country recently committed to a statutory ‘net-zero’ emissions target by 2050 – a meaningful price on carbon is essential for this target to have policy credibility – and, as part of the Brexit process, the UK has to revisit its main current carbon pricing mechanism, the EU Emissions Trading System.<\/p>\n

After analysing global trends in carbon taxation and differences in tax design around the world, this policy brief draws out lessons for the design of a possible new carbon tax for the UK. Some of the lessons come from a detailed case study of carbon tax revenue recycling in British Columbia, Canada.<\/p>\n

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