Free allocation shares vary widely across countries with ETSs

Share of free allocation of allowances in total verified emissions by country (or supranational jurisdiction), where an ETS operates with a positive permit price, 2021

EU ETS applies to all EU countries as well as Iceland, Liechtenstein and Norway. The ECR database in this report does not cover Bulgaria, Croatia, Liechtenstein, Malta and Romania, so these are not presented in this figure and the overall share over EU ETS countries does not include them either. Mexico's pilot ETS is not presented here because prices were null in 2021. Canada, China, Japan and the United States each have sub-national ETSs (along with the national ETS for China), and the resulting country-level shares of free allocation of allowances in total verified emissions are presented here.
Source: OECD (2023), Effective Carbon RatesCreated with Datawrapper