IEA forecasts $250 carbon price under Paris-aligned climate scenario

Latest World Energy Outlook also calls for an “international catalyst” to address a shortfall in clean energy investments in developing countries

The International Energy Agency has said that carbon prices in developed countries will rise to an average of $250 per tonne of CO2, and $200 in China, Brazil, Russia and other major economies, under a scenario in which the world achieves Net Zero emissions by 2050.

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