A global tour of carbon pricing

As noted yesterday, Stephen Harper is presently in India, a country that has a carbon tax. After India, he will visit the Philippines, where pig farmers are currently selling carbon credits.

In June, Mr. Harper visit France, which previously abandoned plans for a carbon tax, but is part of the European Union’s emissions trading system.

In March, Mr. Harper visited Thailand, South Korea and Japan. Thailand is reportedly moving towards a cap-and-trade system. Japan has now introduced a carbon tax, while Tokyo has had a cap-and-trade system for the past year. South Korea passed cap-and-trade legislation in May.

In February, Mr. Harper visited China, which is now experimenting with a carbon market.

In January, Mr. Harper delivered a speech in Switzerland, which has both a carbon tax and a trading system.

(In September, Mr. Harper visited Russia, which is maybe (?) thinking about cap-and-trade.)