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Effects of Carbon Pricing in Mexico, from subsidies to taxes.
This webinar looks at Mexico's strategy for the phase-out of fossil fuel subsidies and the gradual introduction of implicit and explicit carbon taxes during the 2010s. The findings point to a significant effect in reducing gasoline and diesel consumption, both in absolute terms and compared to the counterfactual, reinforcing the idea that gradualist policies can achieve success in making carbon pricing a key instrument in high-middle income countries to achieve fiscal and climate goals.

Nov 16, 2022 10:00 AM in Eastern Time (US and Canada)

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