The Carbon Pricing Incidence Calculator is a unique and free tool that allows one to see what happens to household budgets if the state increases the price of fossil fuels, and redistributes some or all of the resulting revenue back to citizens. The tool is fed with empirical data for 1.5 million private households in 87 countries across the globe and represents five billion people or 65 percent of the world’s population. The result shows the attractiveness of carbon pricing as a core instrument of climate policy.
Author info: The CPIC is developed by the Berlin-based climate research institute MCC (Mercator Research Institute on Global Commons and Climate Change), and is funded by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ). The easy-and-free-to-use online calculator can be accessed on a computer or smartphone.