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OECD invites Brazil for global plan on carbon pricing

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The Organization for Economic Co-operation and Development (OECD) has invited Brazil to participate in a global plan it is articulating on carbon pricing, Valor has learned. The goal of the plan is to avoid trade wars amid the decarbonization of economies.Carbon pricing is considered one of the good ways to tax polluters for their emissions. The issue is to determine what this price should be and establish a global solution.The OECD Secretary General, Mathias Cormann, sent a letter to Economy minister Paulo Guedes explaining that his idea is for a group of countries to start working on mapping the carbon price, examining its impact and trying to avoid the multiplication of unilateral measures.The plan is to gradually draw countries into discussions that could lead to an understanding on a voluntary basis on the best carbon tax and other environmental measures. This could later become a global agreement, along the lines of the international agreement to tax multinational companies more heavily with...

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