CO2 taxation: A crucial deadline for 2030

In 2030, 50% of global CO2 emissions will be subject to a tax

Julien

8 February 2025

Energy

découvrez comment la taxation des émissions de co2 en 2030 pourrait transformer notre approche face au changement climatique et réduire significativement l'empreinte carbone mondiale. une mesure clé pour un avenir durable.

Efforts to tackle climate change are accelerating, and the transition to a low-carbon economy is on the horizon for 2030. According to recent data, CO2 emission taxation will soon cover 50% of global emissions, thanks to the expansion of *carbon markets*, *carbon taxes*, and *excise duties* on fossil fuels. After stagnating for a few years, pricing initiatives are gaining momentum, heralding an era where climate policies are becoming more stringent to reduce the global carbon footprint.

discover how by 2030, half of global CO2 emissions will be subject to taxation. a major change in the fight against climate change and a turning point for global environmental policies.

Table des matières

Carbon Taxation: A Major Step for 2030

In 2023, a study conducted by the OECD revealed that 42% of global greenhouse gas emissions were already subject to carbon pricing, which includes the carbon market, carbon taxes, and excise duties on fossil fuels. However, this share has remained stable since 2021. It has been influenced by rising subsidies and falling energy taxes after the energy crisis of 2021-2023. Ongoing mechanisms suggest a rise to 50% in the next five years, which would represent a decisive advance in the fight against CO2 emissions.

The Challenges of Implementing Carbon Pricing

While the goal of pricing 50% of global CO2 emissions by 2030 seems ambitious, it is crucial to understand the issues related to its implementation. Carbon pricing requires coherent policies on an international scale, as a lack of harmonization could lead to economic distortions between countries. Moreover, it is necessary to ensure a just transition for the most affected sectors, particularly by investing in green technologies and supporting the reskilling of impacted workers.

Why Carbon Taxation is Essential for the Climate

The necessity of taxing carbon dioxide emissions responds to the urgency of limiting global warming to less than 2°C, as stipulated in the Paris Agreement. Taxes can reduce the consumption of fossil fuels, encouraging greater reliance on renewable energy. This could also foster innovation and stimulate the market for clean technologies. Coupled with reforms such as those proposed by the EU for 2025, this integrated approach is a fundamental pillar for achieving carbon neutrality by 2050.