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Example

Swedish Carbon Tax

The carbon tax was introduced in 1991, and has gradually been increased to $140 US/tCO2e in 2018, the highest level in the world. Sweden’s success with high carbon tax prices is exemplary. While the Swedish economy grew by 60% since the introduction of the Swedish carbon tax in 1991, carbon emissions decreased by 25%.

Documents

  • Other Resources

    Swedish government webpage on the carbon tax

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  • Existing Laws

    Act on the Taxation of Energy S.F.S. 1994:1776

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  • Other Resources

    World Bank article: When it comes to emissions, Sweden has its cake and eats it, too

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