Carbon emissions pricing
Question
1. How many other countries apply a carbon price of $AUD37 ($USD26.50) to at least 30 per cent of their emissions? 2. Is the CER aware of World Bank research that the global emissions-weighted average carbon price is just $US5 per tCO2e? 3. On this basis isn't the average facility covered by the Safeguard Mechanism subject to a carbon price FIVE TIMES the global average, as measured by the World Bank?
Answer
Please see the attached answer.
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