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The adoption of a carbon tax can potentially help Turkey in achieving a considerable level of GHG mitigation. It would also have significant effects in the general make-up of the economy, particularly in the energy sector. In this policy paper written by EDAM Research Assistant Gökşin Bavbek, the potential effects of a carbon tax adoption in Turkey are analyzed based on different scenarios. The issues covered include the potential amount of revenues collected, impacts on GHG mitigation, impacts on the electricity generation mix and impacts on the import dependence of the country in energy sources.