In 2023, 55 percent of global industry and construction emissions were covered by a carbon pricing mechanism. This share was mainly through emissions trading systems, particularly the EU ETS and Chinese pilot markets. The sector with the second-largest share of its emissions covered by carbon pricing mechanisms was heat and electricity production, at 50 percent. China's national ETS, which currently only regulates companies in the power sector, accounted for almost half of this sector's emissions coverage in 2023. Fugitive emissions and the agriculture sector are currently not covered by either emissions trading systems or carbon taxes.
Share of greenhouse gas emissions covered by carbon pricing mechanisms worldwide in 2023, by sector
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I4CE. (November 22, 2023). Share of greenhouse gas emissions covered by carbon pricing mechanisms worldwide in 2023, by sector [Graph]. In Statista. Retrieved October 04, 2024, from https://www.statista.com/statistics/1474980/global-carbon-price-coverage-by-sector/
I4CE. "Share of greenhouse gas emissions covered by carbon pricing mechanisms worldwide in 2023, by sector." Chart. November 22, 2023. Statista. Accessed October 04, 2024. https://www.statista.com/statistics/1474980/global-carbon-price-coverage-by-sector/
I4CE. (2023). Share of greenhouse gas emissions covered by carbon pricing mechanisms worldwide in 2023, by sector. Statista. Statista Inc.. Accessed: October 04, 2024. https://www.statista.com/statistics/1474980/global-carbon-price-coverage-by-sector/
I4CE. "Share of Greenhouse Gas Emissions Covered by Carbon Pricing Mechanisms Worldwide in 2023, by Sector." Statista, Statista Inc., 22 Nov 2023, https://www.statista.com/statistics/1474980/global-carbon-price-coverage-by-sector/
I4CE, Share of greenhouse gas emissions covered by carbon pricing mechanisms worldwide in 2023, by sector Statista, https://www.statista.com/statistics/1474980/global-carbon-price-coverage-by-sector/ (last visited October 04, 2024)
Share of greenhouse gas emissions covered by carbon pricing mechanisms worldwide in 2023, by sector [Graph], I4CE, November 22, 2023. [Online]. Available: https://www.statista.com/statistics/1474980/global-carbon-price-coverage-by-sector/