World Bank – Taxing and Subsidizing Energy in Latin America and the Caribbean: Insights from a Total Carbon Price Approach
Summary
The main topic of the report is the analysis of taxing and subsidizing energy in Latin America and the Caribbean using a total carbon price approach.
Key findings include: the average price on CO2 emissions related to fuel in the region is positive, there is potential to increase total carbon prices (TCPs), and indirect pricing instruments do not align with fuel emissions.
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