Exploring distributional impacts of carbon pricing

The Carbon Pricing Incidence Calculator (CPIC) sounds like a powerful tool for understanding the potential impacts of carbon pricing policies on households

MCC Berlin has launched the “Carbon Pricing Incidence Calculator” (CPIC), an interactive webtool to explore various types of carbon pricing policies and their distributional impacts around the globe. CPIC is based on micro-level consumption data for 1.5 million private households covering 87 countries and representing five billion people, or two-thirds of the world’s population.

The Carbon Pricing Incidence Calculator (CPIC) sounds like a powerful tool for understanding the potential impacts of carbon pricing policies on households around the world. It’s impressive that it draws from such a vast dataset covering such a large portion of the global population.

It seems straightforward to use, with just two steps involved: selecting your country and then choosing the specific carbon pricing policy and compensation measure you’re interested in exploring. The ability to delve into distributional impacts based on various population characteristics like income groups or urban vs. rural households adds depth to its analysis.

CPIC’s availability on both computers and smartphones, as well as its free usage, makes it accessible to a wide range of users who may be interested in understanding the potential effects of carbon pricing policies.

Let’s explore the CPIC web application further here

Carbon Pricing Incidence Calculator