carbon pricing pilot projects and experiments

Carbon pricing pilot projects and experiments refer to initiatives undertaken by governments, organizations, or regions to test and evaluate the impacts and effectiveness of implementing a carbon price as a means to reduce greenhouse gas emissions. These trials typically involve setting up temporary or localized systems that put a price on carbon emissions, either through a tax or a cap-and-trade mechanism, to observe and analyze the outcomes on emissions levels, economic activities, and environmental sustainability. The data and insights derived from these pilots help inform the development and implementation of broader carbon pricing schemes.

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