As the global community comes together to fight climate change, more and more countries are putting a price on carbon in order to encourage the deployment of cleaner energy and limit greenhouse gas pollution. Some countries are implementing explicit pricing instruments, such as carbon taxes or trading systems, while others are implementing non-market regulatory policies that establish an implicit carbon price.
These trends will continue as nations seek to fulfill the climate pledges they made in the Paris Agreement.
The above excerpt was originally published in MarketWatch.
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