Konradt, Maximilian - 2024
Union's Emission Trading System (ETS) and national carbon taxation on inflation have been limited in the euro area, so far … EU's 'Fit-for-55' commitments on inflation. The required increase of effective carbon prices from around 40 Euro per ton … of CO2 in 2021 to around 150 Euro by 2030 could raise annual euro area inflation by between 0.2 and 0.4 percentage points …