Policies

Carbon Tax

Source: International Energy Agency

Last updated: 8 February 2023

Country Mexico
Year

2014
Status

In force
Jurisdiction

National
A problem with this policy?
Tell us and we will take a look.
Contact us

A carbon tax was introduced in Mexico for fossil fuel production. Its base rate is USD 3.5/tCO2 and offsets are allowed through Certified Emission Reductions (CERs) units from Kyoto Protocol's Clean Development Mechanism (CDM) registered projects.
The tax is not based on the full carbon content of fuels, but rather on the additional amount of emissions that would be generated if the fossil fuel were used instead of natural gas. Natural gas is entirely exempted.

Want to know more about this policy ? Learn more