As Visual Capitalist's Freny Fernandes details below, over the past two decades, governments around the world have responded to climate change through various initiatives and policies, with carbon pricing at the forefront. A recent example is the Canadian province of Ontario’s Emissions Performance Standards program, first launched in 2022. The program sets annual carbon emissions limits for industrial facilities, with a fee on excess carbon emitted. This graphic by Jonathan Letourneau maps 70 active carbon pricing initiatives…
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