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Carbon taxation is a policy mechanism that is becoming more widespread around the globe as the negative effects of climate change continue to be recognized. In this EDAM Information Note, Research Assistant Gökşin Bavbek provides a basic overview of the carbon taxation mechanism and details the countries that are currently implementing the policy tool. Additionally, a brief comparison of the carbon taxation mechanism is made with other carbon pricing options such as carbon trading. Carbon taxation also needs to be considered by Turkey as a policy option in its bid to devise a comprehensive policy framework that will align the energy needs of the country with its climate change responsibilities.
