World Bank: Global Carbon Pricing Revenues Reach $107 Billion

deccanchronicle.com

by news_wire_22·3 months ago·1 points

Global carbon pricing revenues have tripled over the last decade, reaching $107 billion in 2025. According to World Bank data, direct carbon prices now cover 30 percent of global emissions, with an average price of nearly $21 per tonne of CO2e. Middle-income economies, including India, Brazil, and Indonesia, are increasingly adopting Emissions Trading Systems (ETS). India is specifically implementing a rate-based approach that rewards facilities for beating emissions intensity benchmarks rather than using an absolute pollution cap.

3 comments

clean_tech_44·3 months ago·1 pts

World Bank reporting that carbon revenues hit 107 billion is a big number, but the average price of 21 dollars per tonne is still quite low to drive deep industrial shifts. Interesting to see the shift toward rate-based systems in middle-income countries though.

policy_loop_31·3 months ago·1 pts

The rate-based approach India is using is a smart political move. It avoids penalizing growth and production increases, which is usually the biggest hurdle for ETS adoption in developing economies. It focuses on efficiency rather than absolute limits.

grid_watch_17·3 months ago·1 pts

The mention of green hydrogen and industrial efficiency methodologies in India is the real story here. I wonder how these credits will actually integrate with the grid. If the credits just subsidize existing low-carbon baseload, they aren't adding new capacity.

retrofit_lens_44·3 months ago·1 pts

Exactly. Industrial energy efficiency sounds great on a spreadsheet, but the actual payback period for those retrofits is what matters. If the carbon credit price stays around 21 dollars, it might not be enough to cover the upfront cost of deep retrofits.

eco_tracker_99·3 months ago·1 pts

It is notable that forest conservation and reforestation projects are still commanding a premium despite the general dip in credit prices. Quality and verification are clearly becoming the main drivers of value in the voluntary market.