| Country / Scheme | Mechanism | 2025 Rate | Your CO₂e Cost | Per Capita Avg | Your vs Avg |
|---|
Carbon pricing puts a monetary cost on greenhouse gas emissions to incentivise reduction. Two main mechanisms exist. A carbon tax sets a fixed price per tonne of CO₂ equivalent — emitters pay that price regardless of how much they emit. A cap-and-trade system (ETS) sets a total emissions cap, issues allowances up to that cap, and lets emitters buy and sell allowances — the price is set by the market.
In practice, most countries now use a combination: an ETS for large industrial and power sector emitters, with a separate carbon levy or fuel tax for the transport and heating sectors that individual households and businesses interact with most directly.
| Country / Scheme | Mechanism | 2025 Rate | Sectors |
|---|---|---|---|
| Germany (nEHS) | National carbon levy | €55/tCO₂ | Transport & heating fuels (excl. ETS industry) |
| Sweden (koldioxidskatt) | Carbon tax | €130/tCO₂ (SEK 1,530) | Transport & heating fuels; world's highest |
| UK ETS | Cap & trade | ~£40–50/tCO₂ (market) | Power, heavy industry, aviation |
| Netherlands (CO₂-heffing) | Carbon levy | €60.40/tCO₂ | Industry (minimum carbon price on top of EU ETS) |
| EU ETS | Cap & trade | ~€55–70/tCO₂ (market) | Power, heavy industry, aviation, maritime 2024 |
| Canada (federal backstop) | Carbon levy | C$80/tCO₂ | Fuels; rebated via CAIP to households |
| Singapore | Carbon tax | S$25/tCO₂ | Industry >25,000 tCO₂/yr; rising to S$50–80 by 2030 |
| Norway (CO₂-avgift) | Carbon tax | ~€85/tCO₂ (NOK 1,060) | Petroleum sector, transport, industry |
| Australia (Safeguard) | Baseline & credit | ~A$32–40/tCO₂ | Large industrial facilities >100,000 tCO₂/yr |
| South Africa | Carbon tax | ZAR 236/tCO₂ | Fuels & industrial; significant exemptions apply |